ConAgra Keeps Quarterly Dividend at $0.25

ConAgra (NYSE: CAG  ) has decided not to veer from its existing dividend policy. The company last week declared its latest dividend, which will again be $0.25 per share.

This is to be paid on Aug. 30 to shareholders of record as of July 31. That amount matches each of the comestibles giant's previous three distributions, the most recent of which was handed out at the end of May. Prior to the increase to $0.25 per share, ConAgra paid $0.24 per share.

The company is a steady and predictable payer of dividends. Since 2010, it has raised its disbursement after every four quarters, lifting it over that time from $0.20 to the current level.

The just-declared dividend annualizes to $1.00 per share. That yields 2.7% at ConAgra's most recent closing stock price.

link


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2548936, ~/Articles/ArticleHandler.aspx, 10/1/2014 6:53:56 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement