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Stock impact report

Conagra Brands (NYSE:CAG) Is Due To Pay A 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 5.2% 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. Based on the last payment, Conagra Brands' profits didn't cover the dividend, but the company was generating enough cash instead. Generally, we think cash is more important than accounting measures of profit, so with the cash flows easily covering the dividend, we don't think there is much reason to worry. Analysts expect a massive rise in earnings per share in the next year. If the dividend continues along recent trends, we estimate the payout ratio will be 53%, which would make us comfortable with the dividend's sustainability, despite the levels currently being elevated. View our latest analysis for Conagra Brands Although the company has a long dividend histor Show less Read more
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