Conagra and Campbell's already cut dividends, and Kraft Heinz, General Mills, and Hormel now show frozen or token raises. These are the same warning signs.
General Mills touts 127 uninterrupted dividend years, but its $0.61 quarterly rate has flatlined for four straight declarations while free cash flow dropped 29%.
McCormick raised its quarterly dividend to $0.48 and covers its $483 million payout with nearly $1 billion in operating cash flow, despite a 25% stock decline.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now, and Kraft Heinz didn't make the cut. Enter your email to see the names that beat KHC. The report is free. Enter your email and see if any of your stocks made the cut.
Two big packaged-food dividends have already been cut this cycle. Conagra Brands (NYSE:CAG) reduced its payout, and Campbell's (NYSE:CPB) followed with its own reduction shortly after. Those completed actions frame what income holders should look for in the aisle next. Below are four legacy food names where dividend behavior deserves a closer look.
#kraft #mills
General Mills touts 127 uninterrupted dividend years, but its $0.61 quarterly rate has flatlined for four straight declarations while free cash flow dropped 29%.
McCormick raised its quarterly dividend to $0.48 and covers its $483 million payout with nearly $1 billion in operating cash flow, despite a 25% stock decline.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now, and Kraft Heinz didn't make the cut. Enter your email to see the names that beat KHC. The report is free. Enter your email and see if any of your stocks made the cut.
Two big packaged-food dividends have already been cut this cycle. Conagra Brands (NYSE:CAG) reduced its payout, and Campbell's (NYSE:CPB) followed with its own reduction shortly after. Those completed actions frame what income holders should look for in the aisle next. Below are four legacy food names where dividend behavior deserves a closer look.
#kraft #mills
2 months ago
