Nomad Foods Declares Quarterly Dividend
Rhea-AI Summary
Nomad Foods has announced a quarterly cash dividend of $0.17 per share, marking a significant 13% increase from the previous year's dividend. The payment is scheduled for May 28, 2025, with a record date of May 12, 2025.
CEO Stéfan Descheemaeker highlighted that this dividend, announced as the company enters its tenth year as a public company, reflects their confidence in their long-term strategy and commitment to shareholder value creation.
Nomad Foods, Europe's leading frozen food company, operates through several iconic brands including:
- Birds Eye
- Findus
- iglo
- Ledo
- Frikom
The company, headquartered in the United Kingdom, maintains a strong presence in the European frozen food market, focusing on convenient, high-quality, and nutritious food products.
Positive
- 13% increase in quarterly dividend to $0.17 per share
- Market leadership position as Europe's leading frozen food company
- Portfolio includes well-established brands (Birds Eye, Findus, iglo, Ledo, Frikom)
- 10-year milestone as a public company showing stability
Negative
- None.
"As we enter our tenth year as a public company, 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
Media Contact:
Investor Relations Contact
Jason English
investorrelations@nomadfoods.com
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SOURCE Nomad Foods Limited