Latest news with #TysonFoods
Yahoo
5 days ago
- Business
- Yahoo
Jim Cramer on Tyson Foods (TSN): 'Put This One on Hold'
We recently published a list of . In this article, we are going to take a look at where Tyson Foods, Inc. (NYSE:TSN) stands against other stocks that Jim Cramer discusses. A caller asked where Cramer thinks Tyson Foods, Inc. (NYSE:TSN) is going, and he replied: 'Ah, that's a tough one. You know, I've always felt that Tyson should be much, much higher, but it doesn't have the earnings power for me to be able to say that. I think you gotta, I think why you gotta put this one on hold, I don't see it presenting ourselves any great opportunities at this very moment.' A farmer in a field, bringing in the harvest of live fed cattle for the company. Tyson Foods (NYSE:TSN) is a food company that produces and sells various meat products such as beef, pork, and chicken. It also provides frozen and refrigerated ready-to-eat meals under multiple recognized brand names. In November 2024, whilst commenting on the company, Cramer said: 'Lots of people wanna know why food prices got so outta hand in the last few years. You wanna learn? Why don't you listen to the Tyson Foods conference call like I will. You'll get a ton about pricing and they're the dominant player, meat and chicken. Sometimes you don't listen to a conference call to pick a stock, you listen to learn. I learn from Tyson.' Overall, TSN ranks 2nd on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of TSN as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSN and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
7 days ago
- Business
- Yahoo
Here's Why We're Wary Of Buying Tyson Foods' (NYSE:TSN) For Its Upcoming Dividend
Readers hoping to buy Tyson Foods, Inc. (NYSE:TSN) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. Typically, the ex-dividend date is one business day before the record date, which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least one business day to settle. Accordingly, Tyson Foods investors that purchase the stock on or after the 30th of May will not receive the dividend, which will be paid on the 13th of June. The company's upcoming dividend is US$0.50 a share, following on from the last 12 months, when the company distributed a total of US$2.00 per share to shareholders. Based on the last year's worth of payments, Tyson Foods has a trailing yield of 3.6% on the current stock price of US$55.55. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. We need to see whether the dividend is covered by earnings and if it's growing. We've discovered 2 warning signs about Tyson Foods. View them for free. Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. It paid out 77% of its earnings as dividends last year, which is not unreasonable, but limits reinvestment in the business and leaves the dividend vulnerable to a business downturn. We'd be concerned if earnings began to decline. Yet cash flows are even more important than profits for assessing a dividend, so we need to see if the company generated enough cash to pay its distribution. Over the last year it paid out 54% of its free cash flow as dividends, within the usual range for most companies. It's positive to see that Tyson Foods's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut. See our latest analysis for Tyson Foods Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Businesses with shrinking earnings are tricky from a dividend perspective. If earnings fall far enough, the company could be forced to cut its dividend. Tyson Foods's earnings per share have fallen at approximately 14% a year over the previous five years. Ultimately, when earnings per share decline, the size of the pie from which dividends can be paid, shrinks. The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. In the last 10 years, Tyson Foods has lifted its dividend by approximately 21% a year on average. That's intriguing, but the combination of growing dividends despite declining earnings can typically only be achieved by paying out a larger percentage of profits. Tyson Foods is already paying out a high percentage of its income, so without earnings growth, we're doubtful of whether this dividend will grow much in the future. From a dividend perspective, should investors buy or avoid Tyson Foods? While earnings per share are shrinking, it's encouraging to see that at least Tyson Foods's dividend appears sustainable, with earnings and cashflow payout ratios that are within reasonable bounds. Bottom line: Tyson Foods has some unfortunate characteristics that we think could lead to sub-optimal outcomes for dividend investors. Having said that, if you're looking at this stock without much concern for the dividend, you should still be familiar of the risks involved with Tyson Foods. For example - Tyson Foods has 2 warning signs we think you should be aware of. A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
22-05-2025
- Business
- Yahoo
AP Exclusive: US meatpacking workers win back pensions in new union contract with JBS
U.S. meatpacking workers are getting their first new pension plan in nearly 40 years under a contract agreement between JBS, one of the world's largest meat companies, and an American labor union. The United Food and Commercial Workers union said Thursday that 26,000 meatpacking workers at 14 JBS facilities would be eligible for the pension plan. The new contract, which was ratified by workers this week, also adds paid sick leave, wage increases and new plant safety measures. 'This contract, everything that was achieved, really starts to paint the picture of what everybody would like to have: long-term stable jobs that are a benefit for the employees, a benefit for the employers and a benefit for the community they operate in,' Mark Lauritsen, the head of the UFCW's meatpacking and food processing division, told The Associated Press in an interview. Brazil-based JBS said the pension plan reflected its commitment to its workforce and the rural communities in which it operates. 'We are confident that the significant wage increases over the life of the contracts and the opportunity of a secure retirement through our pension plan will create a better future for the men and women who work with us at JBS,' the company said in a statement. Lauritsen said pension plans used to be standard in the meatpacking industry but were cut in the 1980s as companies consolidated. Big meat companies like Tyson Foods and Cargill now offer 401 (k) plans but not pensions. The union started discussing a return to pensions a few years ago as a way to help companies hang on to their workers, according to Lauritsen. 'The good thing about a 401 (k) is that it's portable, but the bad thing about a 401 (k) is that it's portable,' he said. 'This was a way to capture and retain people who were moving from plant to plant, chasing an extra dime or a quarter.' Workers hailed the plan. 'Everything now is very expensive and it's hard to save money for retirement, so this gives us security,' said Thelma Cruz, a union steward with JBS at a pork plant in Marshalltown, Iowa. A return to pensions is unusual but not unheard of in the private sector. IBM reopened its frozen pension plan in 2023. The contract increases average pay for meatpacking workers to $23 to $24 per hour and establishes safety and ergonomic committees at every plant. Paid sick leave — which rival Tyson Foods began offering in 2021 — was also hailed by workers in an industry devastated by the COVID pandemic. The move could also help JBS in its effort to burnish its image ahead of a potential U.S. stock offering. The company has wanted to list its share in both Brazil and New York for years, but has been thwarted by lawmakers, environmental groups and others who are concerned about its history of corruption and environmental damage. The U.S. Securities and Exchange Commission approved JBS's application to list its shares on the New York Stock Exchange last month, and the company's shareholders are scheduled to vote on the listing Friday. But Lauritsen said the stock listing was never discussed during negotiations with the UFCW, and the union has no position on the listing. 'JBS is on a journey and we're going to keep pushing them right along,' he said. 'We're starting to see an employer that's committed to long-term, stable jobs that help the worker and the community.'
San Francisco Chronicle
22-05-2025
- Business
- San Francisco Chronicle
AP Exclusive: US meatpacking workers win back pensions in new union contract with JBS
U.S. meatpacking workers are getting their first new pension plan in nearly 40 years under a contract agreement between JBS, one of the world's largest meat companies, and an American labor union. The United Food and Commercial Workers union said Thursday that 26,000 meatpacking workers at 14 JBS facilities would be eligible for the pension plan. The new contract, which was ratified by workers this week, also adds paid sick leave, wage increases and new plant safety measures. 'This contract, everything that was achieved, really starts to paint the picture of what everybody would like to have: long-term stable jobs that are a benefit for the employees, a benefit for the employers and a benefit for the community they operate in,' Mark Lauritsen, the head of the UFCW's meatpacking and food processing division, told The Associated Press in an interview. Brazil-based JBS said the pension plan reflected its commitment to its workforce and the rural communities in which it operates. 'We are confident that the significant wage increases over the life of the contracts and the opportunity of a secure retirement through our pension plan will create a better future for the men and women who work with us at JBS,' the company said in a statement. Lauritsen said pension plans used to be standard in the meatpacking industry but were cut in the 1980s as companies consolidated. Big meat companies like Tyson Foods and Cargill now offer 401 (k) plans but not pensions. The union started discussing a return to pensions a few years ago as a way to help companies hang on to their workers, according to Lauritsen. 'The good thing about a 401 (k) is that it's portable, but the bad thing about a 401 (k) is that it's portable,' he said. 'This was a way to capture and retain people who were moving from plant to plant, chasing an extra dime or a quarter.' Workers hailed the plan. 'Everything now is very expensive and it's hard to save money for retirement, so this gives us security,' said Thelma Cruz, a union steward with JBS at a pork plant in Marshalltown, Iowa. A return to pensions is unusual but not unheard of in the private sector. IBM reopened its frozen pension plan in 2023. The contract increases average pay for meatpacking workers to $23 to $24 per hour and establishes safety and ergonomic committees at every plant. Paid sick leave — which rival Tyson Foods began offering in 2021 — was also hailed by workers in an industry devastated by the COVID pandemic. The move could also help JBS in its effort to burnish its image ahead of a potential U.S. stock offering. The company has wanted to list its share in both Brazil and New York for years, but has been thwarted by lawmakers, environmental groups and others who are concerned about its history of corruption and environmental damage. The U.S. Securities and Exchange Commission approved JBS's application to list its shares on the New York Stock Exchange last month, and the company's shareholders are scheduled to vote on the listing Friday. But Lauritsen said the stock listing was never discussed during negotiations with the UFCW, and the union has no position on the listing. 'JBS is on a journey and we're going to keep pushing them right along,' he said. 'We're starting to see an employer that's committed to long-term, stable jobs that help the worker and the community.'
The Hill
22-05-2025
- Business
- The Hill
AP Exclusive: US meatpacking workers win back pensions in new union contract with JBS
U.S. meatpacking workers are getting their first new pension plan in nearly 40 years under a contract agreement between JBS, one of the world's largest meat companies, and an American labor union. The United Food and Commercial Workers union said Thursday that 26,000 meatpacking workers at 14 JBS facilities would be eligible for the pension plan. The new contract, which was ratified by workers this week, also adds paid sick leave, wage increases and new plant safety measures. 'This contract, everything that was achieved, really starts to paint the picture of what everybody would like to have: long-term stable jobs that are a benefit for the employees, a benefit for the employers and a benefit for the community they operate in,' Mark Lauritsen, the head of the UFCW's meatpacking and food processing division, told The Associated Press in an interview. Brazil-based JBS said the pension plan reflected its commitment to its workforce and the rural communities in which it operates. 'We are confident that the significant wage increases over the life of the contracts and the opportunity of a secure retirement through our pension plan will create a better future for the men and women who work with us at JBS,' the company said in a statement. Lauritsen said pension plans used to be standard in the meatpacking industry but were cut in the 1980s as companies consolidated. Big meat companies like Tyson Foods and Cargill now offer 401 (k) plans but not pensions. The union started discussing a return to pensions a few years ago as a way to help companies hang on to their workers, according to Lauritsen. 'The good thing about a 401 (k) is that it's portable, but the bad thing about a 401 (k) is that it's portable,' he said. 'This was a way to capture and retain people who were moving from plant to plant, chasing an extra dime or a quarter.' Workers hailed the plan. 'Everything now is very expensive and it's hard to save money for retirement, so this gives us security,' said Thelma Cruz, a union steward with JBS at a pork plant in Marshalltown, Iowa. A return to pensions is unusual but not unheard of in the private sector. IBM reopened its frozen pension plan in 2023. The contract increases average pay for meatpacking workers to $23 to $24 per hour and establishes safety and ergonomic committees at every plant. Paid sick leave — which rival Tyson Foods began offering in 2021 — was also hailed by workers in an industry devastated by the COVID pandemic. The move could also help JBS in its effort to burnish its image ahead of a potential U.S. stock offering. The company has wanted to list its share in both Brazil and New York for years, but has been thwarted by lawmakers, environmental groups and others who are concerned about its history of corruption and environmental damage. The U.S. Securities and Exchange Commission approved JBS's application to list its shares on the New York Stock Exchange last month, and the company's shareholders are scheduled to vote on the listing Friday. But Lauritsen said the stock listing was never discussed during negotiations with the UFCW, and the union has no position on the listing. 'JBS is on a journey and we're going to keep pushing them right along,' he said. 'We're starting to see an employer that's committed to long-term, stable jobs that help the worker and the community.'
