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Stock impact report

Cramer's Dividend Warning Puts Conagra's Payout And Portfolio Under Scrutiny [Yahoo! Finance]

ConAgra Brands, Inc. (CAG) 
Last conagra brands, inc. earnings: 3/31 07:28 am Check Earnings Report
US:NYSE Investor Relations: conagrabrands.com/investor-relations
Company Research Source: Yahoo! Finance
Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Jim Cramer has raised doubts about the sustainability of Conagra Brands' high dividend yield. He also expressed a bearish view on the performance of the company's product portfolio. The commentary has drawn fresh attention to dividend risk and portfolio quality for NYSE:CAG. Conagra Brands, trading as NYSE:CAG, is currently priced at $15.52, with the share price reflecting pressure over longer periods. The stock has declined 19.1% over the past 30 days, 10.3% year to date, 36.7% over the past year, 52.2% over three years, and 47.2% over five years. In this context, questions around a high dividend yield and portfolio performance are landing on a market that is already focused on total return and business momentum. Cramer's comments may prompt investors to look more closely at how Conagra funds its dividend and how its brands are competing on shelves. Upcoming management commentary, capi Show less Read more
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