ConAgra Foods, Inc. (NYSE:CAG) Updates On Quarterly Dividend


As per ConAgra Foods, Inc. (NYSE:CAG) statement on 2016-07-12, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.25 per share as dividend to stakeholders. The record date is set as 2016-07-29, the payout date as 2016-08-31 and the ex-dividend date is 2016-07-27.

Last fiscal ConAgra Foods, Inc. (NYSE:CAG) disbursed cash dividend of $0.25. A year ago, the payout was $0.25, which indicates a difference of 0%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.25, implying 2.358% growth.

For the period ended on 2016-05-31, ConAgra Foods, Inc. (NYSE:CAG)’s earnings came at $0.52 per share compared to EPS of $0.45 a year ago. This quarter the firm can post earnings for quarter ending 2016-08-31 on or around 2016-09-27. For this quarter, the analysts have earnings estimate of $0.48 per share.

The interim price target for ConAgra Foods, Inc. (NYSE:CAG) is set at $51.833. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for ConAgra Foods, Inc. (NYSE:CAG) is seen at $56 and the lowest level is established at $48. This broad range highlights a standard deviation of $2.714 in reported estimates.

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