How To Earn $500 A Month From Tyson Foods Stock After Better-Than-Expected Earnings
Portfolio Pulse from Lisa Levin
Tyson Foods, Inc. (NYSE:TSN) reported Q4 earnings of 37 cents per share, surpassing estimates of 29 cents per share, but with sales of $13.35 billion missing the expected $13.73 billion. The company forecasts FY24 adjusted operating income of $1 billion to $1.5 billion. Tyson's annual dividend yield is 4.21%, equating to 49 cents per share quarterly. To earn $500 monthly from dividends, an investment of approximately $142,563 or 3,125 shares is needed. Tyson's stock price fell 2.8% to close at $45.62 on Monday.

November 14, 2023 | 1:14 pm
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NEGATIVE IMPACT
Tyson Foods exceeded Q4 EPS estimates but fell short on revenue, with a strong dividend yield and a projected adjusted operating income for FY24. The stock price declined after the earnings announcement.
Despite beating EPS estimates, the revenue miss and the subsequent stock price drop indicate a negative short-term impact. The solid dividend yield and positive FY24 outlook may cushion the impact but are unlikely to reverse the immediate market reaction.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100