LITTLE ROCK — Tyson Foods OKs its quarterly dividends
Directors of Tyson Foods Inc. of Springdale, have approved a quarterly dividend of 5 cents per share on Class A common stock and 4.5 cents per share on Class B common stock, payable on June 14.
The dividend is payable to shareholders of record at the close of business on May 31.
On Friday, Tyson, one of the world’s largest chicken, beef and pork marketing and processing companies, reported that its net income rose 11 percent in the first quarter of its 2013 fiscal year, which ended Dec. 29, reaching $173 million compared with $156 million for the same period a year ago.
The company said it had net income of 48 cents per share for the first quarter, up from 42 cents a year ago. Tyson reported sales of $8.4 billion, up from $8.33 billion compared with the same period a year ago.
-Steve Painter
Seminar will teach skills for marketing
The Batesville Area Chamber of Commerce and Arkansas State University’s Small Business and Technology Development Center will host a workshop that focuses on marketing planning on Feb. 13.
The “How to Write a Winning Marketing Plan” seminar will teach small business owners various techniques they can use to improve their marketing messages, according to a news release.
The workshop will be held at the Batesville Area Chamber of Commerce conference room, at 409 Vine St., from 1 p.m. to 4 p.m.
The workshop will cost $25 for members of the Batesville Chamber of Commerce and $35 for non-members.
Registration can be done by calling (870) 793-2378 or e-mailing
crystal.johnson@mybatesville.org.
- Jessica Seaman
Arkansas Index falls 1.25% to open week
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, fell 3.26, or 1.25 percent, to close at 257.75 on Monday.
“The Dow Jones Industrial Average suffered its first triple-digit drop of 2013 fueled by weakness in technology stocks which derailed the five-week rally for blue chip stocks,” said Bob Williams, senior vice president and managing director of Delta Trust Investments Inc.
Williams said P.A.M.
Transporation Services had the largest gain on the Index, while USA Truck Inc. had the biggest loss.
P.A.M. Transportation gained 1.37 percent to finish at $9.64 in light trading. USA Truck dropped 2.61 percent to close at $4.85 in light trading.
The index was developed by Bloomberg News and the Arkansas Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.
Business, Pages 25 on 02/05/2013