Conagra Brands (CAG) Dividend Coverage Ratio (2009 - 2024)
Conagra Brands (CAG) posted Dividend Coverage Ratio of 3.95 for Q2 2024, down 313.83% on a QoQ basis from 1.85 in Q1 2024, and down 2091.11% year-over-year from 0.2 in Q2 2023.
Analysis
Conagra Brands (CAG) Dividend Coverage Ratio (2009 - 2024) Analysis & Trends
Conagra Brands has reported Dividend Coverage Ratio for 16 years, with the latest figure at 3.95 in Q2 2024.
- On a quarterly basis, Dividend Coverage Ratio fell 2091.11% year-over-year to 3.95 in Q2 2024; TTM through May 2024 was 0.39, a 54.47% decrease from a year earlier, with the FY2026 full-year figure at 2.28, down 267.32% from the prior year.
- Dividend Coverage Ratio was 3.95 for Q2 2024 at Conagra Brands, down from 1.85 in the prior quarter.
- The five-year high for Dividend Coverage Ratio was 3.43 in Q4 2020, with the low at 3.95 in Q2 2024.
- Average Dividend Coverage Ratio over 5 years is 1.34, with a median of 1.71 recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Dividend Coverage Ratio soared 340.62% in 2023, then sank 2091.11% in 2024.
- Over 5 years, Dividend Coverage Ratio stood at 3.43 in 2020, then slumped by 52.14% to 1.64 in 2021, then advanced by 27.69% to 2.1 in 2022, then retreated by 18.5% to 1.71 in 2023, then slumped by 330.71% to 3.95 in 2024.
- The last three Dividend Coverage Ratio figures came in at 3.95 (Q2 2024), 1.85 (Q1 2024), and 1.71 (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 29.61 Bn | 26.93 Bn | 2.03 Bn | -11.49 |
| 2 | General Mills | 20.38 Bn | 19.93 Bn | 1.60 Bn | -6.07 |
| 3 | Mccormick | 14.00 Bn | 13.66 Bn | 778.20 Mn | 1.14 |
| 4 | J M Smucker | 13.38 Bn | 13.34 Bn | 979.60 Mn | 2.78 |
| 5 | Hormel Foods | 11.67 Bn | 10.80 Bn | 471.52 Mn | 0.37 |
| 6 | Chewy | 9.63 Bn | 9.11 Bn | 1.01 Bn | - |
| 7 | Conagra Brands | 7.34 Bn | 7.12 Bn | 704.10 Mn | - |
| 8 | Lamb Weston Holdings | 6.88 Bn | 6.81 Bn | 361.40 Mn | 2.03 |
| 9 | Campbell'S | 6.47 Bn | 6.07 Bn | 650.00 Mn | 1.06 |
| 10 | Post Holdings | 3.73 Bn | 3.47 Bn | 566.30 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 26, 2024 | -3.95 |
| Feb 25, 2024 | 1.85 |
| Nov 26, 2023 | 1.71 |
| Aug 27, 2023 | 2.03 |
| May 28, 2023 | 0.20 |
| Feb 26, 2023 | 1.85 |
| Nov 27, 2022 | 2.10 |
| Aug 28, 2022 | -0.84 |
| May 29, 2022 | 1.70 |
| Feb 27, 2022 | 1.14 |
| Nov 28, 2021 | 1.64 |
| Aug 29, 2021 | 1.63 |
| May 30, 2021 | 1.18 |
| Feb 28, 2021 | 1.94 |
| Nov 29, 2020 | 3.43 |
| Aug 30, 2020 | 3.12 |
| May 31, 2020 | 1.51 |
| Feb 23, 2020 | 1.88 |
| Nov 24, 2019 | 2.26 |
| Aug 25, 2019 | 1.57 |