Does Conagra Brands (CAG) Pay a Dividend? (2026)

Yes. Conagra Brands pays a dividend yielding roughly 8.44% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $0.17 per share with an ex-dividend date of July 30, 2026. That works out to a forward annual rate of about $1.23 per share. Yields move with the share price, so verify the current figure with your broker or CAG's investor relations page before relying on it.

About 8.44% as of August 2026. On a $10,000 position that is roughly $844 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so CAG yields meaningfully more than the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.

Conagra Brands pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of July 30, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on CAG's investor relations page, because boards can change both the amount and the timing.

The ex-dividend date recorded in our August 2026 data pull is July 30, 2026. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check CAG's investor relations page for the next confirmed date.

$0.17 per share in the most recent payment (ex-date July 30, 2026), which annualizes to about $1.23 per share. The equivalent payment a year earlier was $0.35. That is a change of -50.0% year over year.

Not in the last year. The latest payment of $0.17 per share is below the $0.35 paid a year earlier. A flat dividend is not necessarily a warning sign, but it does mean the income is losing ground to inflation.

Conagra Brands paid out about 79% of its earnings as dividends, so the dividend takes a large share of earnings. It is covered, but future increases depend more on earnings growth than on stretching the payout further, and a bad year leaves less cushion. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.

At a yield of about 8.44%, roughly $844 a year before tax, spread across 4 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.

Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.

Most brokers offer automatic reinvestment (a DRIP) that puts each CAG payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.

That is an open question. The payout consumes a large share of free cash flow and the company carries meaningful net debt, so some analysts have flagged the possibility of a dividend reduction. Whether the payout holds depends on stabilizing sales and cash generation.