f you happen to be a dividend investor, then there’s no question that ConAgra Foods is the place to be. Not only does the dividend appear to be safe, but ConAgra is likely to be the most resilient stock thanks to its sheer size and broad product diversification. ConAgra is currently yielding 2.70%, Tyson Foods yields 0.70%, and Dean Foods doesn’t offer any yield at this time.
Why invest in Dean Foods when it doesn’t offer top-line growth and there are stronger businesses available? Tyson Foods is a well-managed company with strong diversification in its meat segments.
With the acquisition of Ralcorp, ConAgra has gone from a great company to a dominant force. Fundamentals are strong, company culture is impressive, top-line growth is solid, and its dividend payments should remain intact. For me, ConAgra Foods is the stock to own.
I agree with your assessment. I have been an investor for the last 7 years and this is one of the best performers I have had. I am still amazed after all these years of the volatility. The "red" days recently don't make sense to me.