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Stock impact report

Conagra Brands (NYSE:CAG) Has Affirmed Its Dividend Of $0.35 [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
This means the annual payment is 8.1% of the current stock price, which is above the average for the industry. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. If the payments aren't sustainable, a high yield for a few years won't matter that much. Despite not being profitable, Conagra Brands is paying out most of its free cash flow as a dividend. Generally paying a dividend without making profits isn't a great idea and we are also worried that there is limited reinvestment into the business. Earnings per share is forecast to rise by 110.0% over the next year. If the dividend continues on its recent course, the company could be paying out several times what it earns in the next 12 months, which could start applying pressure to the balance sheet. Check out our latest analysis for Conagra Brands Although the company has a long dividend history, it has been cut at least once in the last 10 years. Since 2015, th Show less Read more
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