Tyson Foods declares cash dividend

The board of directors of Tyson Foods Inc., recently declared the quarterly dividend of 5 cents per share on its Class A common stock and 4.5 cents per share on Class B common stock.

The cash dividend is payable on Dec. 13, to shareholders of record at the close of business on Nov. 29.

Optimism around Tyson Foods shares has been high on the heels of the company’s strong earnings reported on Monday (Aug. 5).

Tyson shares set a 52-week high of $30.93 during intraday trading on Wednesday (Aug. 7) before settling back to close at $30.60, a gain of 11 cents.