Yesterday the board of directors of ConAgra Foods, Inc. (NYSE: CAG) celebrates the 27th consecutive year of dividend increases by raising the annual dividend to 94.0 cents per share from 90.0 cents per share. This represents an increase of 4.4%. This increase will be reflected in the company’s quarterly dividend payment on Dec. 1, 2001.

Bruce Rohde, chairman and chief executive officer, commented, “Our core food businesses are well-positioned and strong cash generators. Given this strength and our confidence in the future of our business, we are increasing our dividends to shareholders for fiscal 2002.”

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Rohde continued, “Dividends have long been a priority in our capital allocation process. We have consistently used cash flows for paying dividends and investing for profitable future growth. We expect dividends and growth investments to remain priorities in the future.”

Dividends of 23.50 cents per share will be paid on Dec. 1, 2001, to shareholders of record on Nov. 2, 2001. This will be the first quarterly dividend at the 23.50 cents rate.

ConAgra Foods, Inc. is one of North America’s largest foodservice manufacturers and retail food suppliers, with annualized sales in excess of $27 billion. ConAgra Foods’ consumer brands include: Hunt’s tomato products, Healthy Choice, Banquet meals, Armour meats, Bumble Bee tuna, Louis Kemp seafood, La Choy, Chun King, Lunch Makers, Wesson, Country Pride, Blue Bonnet, Kid Cuisine, Parkay, Reddi-wip, Marie Callender’s, Cook’s ham, Butterball, Act II, Slim Jim, Decker, Chef Boyardee, Orville Redenbacher’s, PAM Cooking Spray, Snack Pack puddings, Van Camp’s, Peter Pan, Hebrew National, Gulden’s mustard, Pemmican Jerky, Swift Brown ‘n Serve Sausages, Swiss Miss, and many others. For more information, please visit us at www.conagrafoods.com.






To view related research reports, please follow the links below:-

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

The World Market for Savoury Snacks


Meat and Poultry in the US (download)


Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now