- Tyson Foods has delivered 26.5% dividend CAGR from 2011-2020.
- Market consensus is average dividend hikes of 9.8% until 2023, which is much better than its consumer staple peers.
- With the FCF payout ratio around 40%, Tyson Foods provides an interesting runway for significant dividend hikes for many years to come, again better than its peers.
- The stock price has climbed upward non-stop since beginning of 2021, meaning the current stock price is slightly elevated.
- I would put Tyson Foods on my watchlist and be patient for it to trade lower before initiating a position.
For further details see:
Tyson Foods Has A Significantly Better Dividend Growth Runway Than Its Peers