Campbell's Cuts Quarterly Dividend by 35.9% to $0.25

Corporate Action
โดย Seeking Alpha·US·Read original
Summary · why it matters

Campbell's Company has declared a quarterly dividend of $0.25 per share, a 35.9% decrease from the previous dividend of $0.39. The forward yield is 4.65%. The dividend is payable on November 2 to shareholders of record as of October 1, with an ex-dividend date of October 1. This announcement follows the company's recent earnings report, which showed non-GAAP EPS of $0.39 in line with expectations but revenue of $2.1 billion missing by $40 million.

Impact on stocks 1

Consumer Staples · 1 stocks
Campbell’s Co
CPB
▼ NegativeCapitalrelevance

Campbell's cuts its quarterly dividend by 35.9% to $0.25, a direct negative financial event for shareholders.