Investors eagerly anticipate the dividend payout from Campbell Soup CPB on January 29, 2024. With a payout of $0.37 per share and an annualized dividend yield of 3.66%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on January 03, 2024
Campbell Soup Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-01-03 | 4 | $0.37 | 3.66% | 2023-11-29 | 2024-01-04 | 2024-01-29 |
| 2023-10-04 | 4 | $0.37 | 3.5% | 2023-09-20 | 2023-10-05 | 2023-10-30 |
| 2023-07-05 | 4 | $0.37 | 2.87% | 2023-05-23 | 2023-07-06 | 2023-07-31 |
| 2023-04-05 | 4 | $0.37 | 2.82% | 2023-03-01 | 2023-04-06 | 2023-05-01 |
| 2023-01-04 | 4 | $0.37 | 2.81% | 2022-11-30 | 2023-01-05 | 2023-01-30 |
| 2022-10-05 | 4 | $0.37 | 3.1% | 2022-09-21 | 2022-10-06 | 2022-10-31 |
| 2022-07-06 | 4 | $0.37 | 3.21% | 2022-05-24 | 2022-07-07 | 2022-08-01 |
| 2022-04-06 | 4 | $0.37 | 3.33% | 2022-03-02 | 2022-04-07 | 2022-05-02 |
| 2022-01-05 | 4 | $0.37 | 3.67% | 2021-12-01 | 2022-01-06 | 2022-01-31 |
| 2021-10-06 | 4 | $0.37 | 3.51% | 2021-09-22 | 2021-10-07 | 2021-11-01 |
| 2021-07-13 | 4 | $0.37 | 3.04% | 2021-05-25 | 2021-07-14 | 2021-08-02 |
| 2021-04-07 | 4 | $0.37 | 3.23% | 2021-03-04 | 2021-04-08 | 2021-05-03 |
When comparing Campbell Soup's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Cal-Maine Foods CALM having the highest annualized dividend yield at 5.49%.
Analyzing Campbell Soup Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
During the period of 2020 to 2023, the company experienced a notable growth in its dividend per share. The dividend per share increased from $1.42 to $1.48, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For Campbell Soup
The earnings chart displays a decline in Campbell Soup's earnings per share, decreasing from $3.20 in 2020 to $2.89 in 2023. This downward trend in earnings raises concerns for income-seeking investors, as it suggests a potential impact on future cash dividend payouts. It is important to closely evaluate the factors contributing to this decrease to assess the company's financial health and dividend sustainability.
Recap
This article provides an in-depth analysis of Campbell Soup's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.37 per share, resulting in an annualized dividend yield of 3.66%.
When comparing Campbell Soup's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Cal-Maine Foods having the highest annualized dividend yield at 5.49%.
The rising dividend per share and declining earnings per share of Campbell Soup from 2020 to 2023 indicate a deliberate choice to prioritize dividend distribution over earnings performance.
Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.
[Track real-time stock fluctuations for Campbell Soup on Benzinga.](https://www.benzinga.com/quote/Campbell Soup (NYSE: CPB))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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