Previous Close | 30.01 |
Open | 30.21 |
Bid | 0.00 x 3000 |
Ask | 0.00 x 3200 |
Day's Range | 30.07 - 30.39 |
52 Week Range | 25.16 - 38.73 |
Volume | |
Avg. Volume | 4,852,403 |
Market Cap | 14.457B |
Beta (5Y Monthly) | 0.39 |
PE Ratio (TTM) | 15.20 |
EPS (TTM) | 1.99 |
Earnings Date | Jul 11, 2024 - Jul 15, 2024 |
Forward Dividend & Yield | 1.40 (4.63%) |
Ex-Dividend Date | Apr 29, 2024 |
1y Target Est | 31.50 |
Recently, Zacks.com users have been paying close attention to Conagra Brands (CAG). This makes it worthwhile to examine what the stock has in store.
Conagra Brands, Inc. (NYSE: CAG) today announced that its Board of Directors approved a quarterly dividend payment of $0.35 per share of CAG common stock to be paid on May 30, 2024 to stockholders of record as of the close of business on April 30, 2024. Conagra Brands, Inc. has paid consecutive quarterly dividends since January 1976.
Americans relying on government benefits to buy food and other essentials are slashing spending, prompting food makers like Kraft-Heinz and Conagra Brands to overhaul their products and strategies following years of price hikes. "We expect reduced SNAP [food stamp] benefits will be a headwind," Dollar Tree CEO Richard Dreiling said during a March 13 earnings call. Dreiling was referring to the U.S. government's supplemental nutrition assistance program (SNAP), which provides benefits to low-income families to help them afford groceries.