|Bid||38.09 x 1200|
|Ask||38.08 x 1400|
|Day's Range||37.72 - 38.15|
|52 Week Range||30.06 - 38.29|
|Beta (5Y Monthly)||0.60|
|PE Ratio (TTM)||32.03|
|Forward Dividend & Yield||1.32 (3.56%)|
|Ex-Dividend Date||Nov 02, 2022|
|1y Target Est||N/A|
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Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Conagra Brands (CAG) have what it takes? Let's find out.
Food giant Conagra Brands powered to a new high on Friday, surging out of a consolidation pattern and tough April resistance. Lesser-known Dow Jones component Travelers also broke out after the holiday, lifting to an all-time high. Conagra pierced the 37.07 buy point of a multimonth sideways pattern in early trading Friday, hitting new highs.
Conagra Brands (CAG) benefits from its efficient pricing actions amid an inflated cost scenario. The recovery in the foodservice business and strength in the frozen business are also upsides.