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Conagra Brands Announces Quarterly Dividend Payment

Conagra Brands, Inc. (NYSE: CAG) has announced a quarterly dividend payment of $0.3125 per share, set to be paid on March 2, 2022.

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 $0.3125 per share, set to be paid on March 2, 2022. This dividend will benefit stockholders recorded as of January 31, 2022. As a leading branded food company in North America, Conagra continues to adapt its portfolio to meet evolving consumer preferences, showcasing a mix of iconic and emerging brands. This dividend reflects the company's commitment to returning value to its shareholders.

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Positive

  • Quarterly dividend payment of $0.3125 per share increases shareholder returns.
  • Demonstrates company confidence in financial stability.

Negative

  • None.
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News Market Reaction – CAG

The recorded move for CAG in the trading session of this news was +0.50%.

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CHICAGO, Dec. 8, 2021 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced that its board of directors approved a quarterly dividend payment of $0.3125 per share of CAG common stock to be paid on March 2, 2022 to stockholders of record as of the close of business on January 31, 2022.

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: Brian Kearney
312-549-5002
IR@conagra.com  

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/conagra-brands-announces-quarterly-dividend-payment-301440577.html

SOURCE Conagra Brands, Inc.

FAQ

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

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

Conagra Brands has declared a quarterly dividend of $0.3125 per share.

When will the dividend for CAG be paid?

The dividend will be paid on March 2, 2022.

What is the record date for Conagra Brands' dividend?

The record date for the dividend is January 31, 2022.

How frequently does Conagra Brands pay dividends?

Conagra Brands pays dividends quarterly.

Is the dividend from Conagra Brands sustainable?

The sustainability of the dividend will depend on the company's future financial performance and cash flow.

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