Nomad Foods Declares Quarterly Dividend
Rhea-AI Summary
Nomad Foods (NYSE: NOMD), Europe's leading frozen food company, has announced a quarterly cash dividend of $0.17 per share, representing a 13% increase from the previous year's dividend. The dividend will be paid on August 26, 2025, to shareholders of record as of August 11, 2025.
The company, which owns iconic brands including Birds Eye, Findus, iglo, Ledo, and Frikom, views this dividend increase as a reflection of their confidence in their long-term strategy and commitment to creating shareholder value.
Positive
- Dividend increased by 13% year-over-year to $0.17 per share
- Company maintains strong market position as Europe's leading frozen food company
- Management expresses confidence in long-term strategy and financial stability
Negative
- None.
News Market Reaction – NOMD
On the day this news was published, NOMD declined 0.74%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
"This dividend demonstrates our ongoing confidence in our long-term strategy and our continued commitment to deploying capital in ways that create sustained value for our shareholders." said Stéfan Descheemaeker, Nomad Foods' Chief Executive Officer.
About Nomad Foods
Nomad Foods (NYSE: NOMD) is
Enquiries
Investor Relations Contact
Jason English
investorrelations@nomadfoods.com
Forward-Looking Statements
This press release contains "forward-looking" statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding the payment of quarterly cash dividends in the future and our ability to create value for our shareholders. These statements are based on management's estimates and assumptions with respect to future events, and are believed to be reasonable, though are inherently difficult to predict. The Company cautions that these forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in these forward-looking statements. Undue reliance should, therefore, not be placed on such forward-looking statements. Any forward-looking statements contained in this announcement apply only as at the date of this announcement and are not intended to give any assurance as to future results. The Company will update this announcement as required by applicable law, rule or regulation, but otherwise expressly disclaims any obligation or undertaking to update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.
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SOURCE Nomad Foods Limited