The food company cut its payout to an annualized $0.70 a share after a fiscal fourth-quarter loss, saying the move supports deleveraging, brand and supply-chain investment, and financial flexibility.
Conagra Brands said its board approved a quarterly dividend of $0.175 per share, payable Sept. 2, 2026, to shareholders of record on July 30, 2026, resetting the annualized payout to $0.70 per share. The company said the change is intended to realign capital allocation, speed progress toward its leverage target, fund investments in brands and supply chain, and preserve flexibility. The dividend reset came as Conagra reported a fiscal fourth-quarter loss of $1.62 billion, or $3.37 a share, compared with profit of $256 million, or 53 cents a share, a year earlier.