ConAgra Brands (CAG) Declares $0.20 Quarterly Dividend; Adds New Board Member

ConAgra Brands (NYSE: CAG) declared a quarterly dividend of $0.20 per share, or $0.8 annualized.

The dividend will be payable on March 1, 2017, to stockholders of record on January 30, 2017, with an ex-dividend date of January 26, 2017.

The annual yield on the dividend is 2.1 percent.

Conagra also announced the appointment of Thomas “Tad” Dickson to its board of directors, effective immediately. With this addition, the Conagra Brands board will consist of 11 members.

“We are very pleased to welcome Tad to the Conagra Brands board,” said Steve Goldstone, chairman, Conagra Brands. “Tad’s extensive executive leadership experience and perspective on the grocery industry make him a tremendous asset to the company and our shareholders.”

Thomas Dickson said, “I’m excited to join the Conagra Brands board of directors and I look forward to working closely with my fellow directors, as well as the management team, as the company embarks on its future as a branded pure-play consumer foods company.”

About Thomas “Tad” Dickson

Mr. Dickson, 61, most recently served as president and chief executive officer of Harris Teeter Supermarkets, Inc., a supermarket chain, from February 1997 until January 2014. During that time, he also served as a director of Harris Teeter, including as chairman from March 2006 until January 2014. Mr. Dickson currently serves as a director of Brixmor Property Group Inc., a publicly traded REIT, and of CST Brands, Inc., a publicly-traded convenience store chain.

For a dividend history and other dividend-related data on ConAgra Brands (CAG) click here.

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