TSN - Why Tyson's 3.5% Dividend Is Attractive Again

2024-06-12 13:02:34 ET

Summary

• Tyson Foods has had a rollercoaster performance for investors over the past decade, lagging behind the S&P 500.
• The company faced challenges during the pandemic, including plant closures and layoffs, but has shown improvement recently.
• Despite volatility, there is potential value in investing in Tyson Foods for future returns.
• A stronger focus on margins, lower leverage, and a bigger market share pave the road for potentially elevated total returns and dividend growth in the years ahead.

Introduction

It's time to talk about one of the most well-known dividend (growth) stocks at the very end of the agriculture supply chain: meat processor Tyson Foods ( TSN ) .

On top of being one of the largest food companies in North America, the company has been a rollercoaster for investors. Over the past ten years, TSN shares have returned 90%, including dividends. This lags the S&P 500's 230% return by a wide margin.

Moreover, as we can see above, this poor performance is due to a number of steep sell-offs....

For further details see: