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CONAGRA BRANDS ANNOUNCES INCREASED QUARTERLY DIVIDEND PAYMENT

Conagra Brands, Inc. (NYSE: CAG) has announced a quarterly dividend payment of $0.33 per share, an increase of 5.6% from the previous dividend.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

Conagra Brands, Inc. (NYSE: CAG) has announced a quarterly dividend payment of $0.33 per share, an increase of 5.6% from the previous dividend. The payment will be made on September 1, 2022, to stockholders on record as of the close of business on August 3, 2022. This new rate translates to an annual dividend of $1.32 per share, reflecting the company's commitment to returning value to its shareholders.

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Positive

  • Quarterly dividend increased by 5.6% to $0.33 per share.
  • Annual dividend amount now totals $1.32 per share, indicating company confidence and commitment to shareholders.

Negative

  • None.
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+1.36% session move Open Argus
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News Market Reaction – CAG

The recorded move for CAG in the trading session of this news was +1.36%.

Data tracked by StockTitan Argus. Session date unavailable.

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CHICAGO, July 22, 2022 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced that its Board of Directors approved a quarterly dividend payment of $0.33 per share of CAG common stock to be paid on September 1, 2022 to stockholders of record as of the close of business on August 3, 2022.  This represents a 5.6% increase over Conagra Brands' previous quarterly dividend. The new quarterly dividend of $0.33 per share is equivalent to $1.32 per share annually.

About Conagra Brands  
Conagra Brands, Inc. (NYSE: CAG), headquartered in Chicago, is one of North America's leading branded food companies. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. The company's portfolio is evolving to satisfy people's changing food preferences. Conagra's iconic brands, such as Birds Eye®, Marie Callender's®, Banquet®, Healthy Choice®, Slim Jim®, Reddi-wip®, and Vlasic®, as well as emerging brands, including Angie's® BOOMCHICKAPOP®, Duke's®, Earth Balance®, Gardein®, and Frontera®, offer choices for every occasion. For more information, visit www.conagrabrands.com. 

For more information, please contact:  
MEDIA: Mike Cummins  
312-549-5257  
Michael.Cummins@conagra.com  

INVESTORS: Melissa Napier  
312-549-5002  
IR@conagra.com  

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/conagra-brands-announces-increased-quarterly-dividend-payment-301591415.html

SOURCE Conagra Brands, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the new dividend amount for Conagra Brands (CAG)?

The new dividend amount for Conagra Brands (CAG) is $0.33 per share.

When will the dividend be paid for CAG?

The dividend will be paid on September 1, 2022.

What is the record date for the CAG dividend?

The record date for the dividend is August 3, 2022.

How does the new dividend compare to previous dividends for CAG?

The new dividend represents a 5.6% increase over the previous quarterly dividend.

What is the annual dividend per share for CAG now?

The annual dividend per share for Conagra Brands (CAG) is now $1.32.

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