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CONAGRA BRANDS ANNOUNCES QUARTERLY DIVIDEND PAYMENT

Conagra Brands, Inc. (NYSE: CAG) announced that its Board of Directors has approved a quarterly dividend of $0.33 per share, which will be paid on June 1, 2023.

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) announced that its Board of Directors has approved a quarterly dividend of $0.33 per share, which will be paid on June 1, 2023. This payment is for stockholders of record as of the close of business on April 28, 2023. With a commitment to shareholder returns, this dividend reflects the company's focus on providing value to investors while evolving its product portfolio to meet changing consumer preferences.

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Positive

  • Quarterly dividend payment of $0.33 per share boosts returns for shareholders.
  • Confidence in continuing dividends indicates stable cash flow and company growth.

Negative

  • None.
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News Market Reaction – CAG

The recorded move for CAG in the trading session of this news was -0.76%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CHICAGO, April 12, 2023 /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 June 1, 2023 to stockholders of record as of the close of business on April 28, 2023.

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®, Duncan Hines®, Healthy Choice®, Marie Callender's®, Reddi-wip®, and Slim Jim®, 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: media@conagra.com
INVESTORS: IR@conagra.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/conagra-brands-announces-quarterly-dividend-payment-301794868.html

SOURCE Conagra Brands, Inc.

FAQ

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

What is the dividend amount announced by Conagra Brands (CAG)?

Conagra Brands announced a quarterly dividend of $0.33 per share.

When will Conagra Brands pay its dividend?

The dividend will be paid on June 1, 2023.

What is the record date for Conagra Brands' dividend?

The record date for the dividend is April 28, 2023.

How frequently does Conagra Brands pay dividends?

Conagra Brands typically pays dividends on a quarterly basis.

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