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Nomad Foods Limited manufactures, markets, and distributes frozen food products in the United Kingdom, Italy, Germany, France, Sweden, Austria, Norway, Spain, and rest of Europe. The company offers fish products, including fish fingers, coated fish, and natural fish; vegetables, such as peas and spinach; and poultry and meat products comprising nuggets, grills, and burgers. It also provides meals products that include ready to cook noodles, pasta, lasagna, pancakes, and other ready-made meals; ice-creams; and other products, such as soups, pizzas, bakery goods, and meat substitutes. The company sells its products to supermarkets and food retail chains directly or through distribution arrangements primarily under the Birds Eye, Iglo, Findus, Goodfella's, La Cocinera, Ledo, Frikom, San Marco, and Aunt Bessie's brands. Nomad Foods Limited is headquartered in Feltham, the United Kingdom.

Nomad Foods Dividend Announcement

• Nomad Foods announced a quarterly dividend of $0.15 per ordinary share which will be made payable on 2024-11-26. Ex dividend date: 2024-11-08
• Nomad Foods annual dividend for 2024 was $0.60
• Nomad Foods's trailing twelve-month (TTM) dividend yield is 3.25%
• Nomad Foods's payout ratio for the trailing twelve months (TTM) is 33.70%

Nomad Foods Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-08$0.15quarterly2024-11-26
2024-08-09$0.15quarterly2024-08-26
2024-05-08$0.15quarterly2024-05-28
2024-02-08$0.15quarterly2024-02-26

Nomad Foods Dividend per year

Nomad Foods Dividend Yield

Nomad Foods current trailing twelve-month (TTM) dividend yield is 3.25%. Interested in purchasing Nomad Foods stock? Use our calculator to estimate your expected dividend yield:

Nomad Foods Financial Ratios

P/E ratio13.84
PEG ratio3.69
P/B ratio1.04
ROE7.59%
Payout ratio33.70%
Current ratio1.20
Quick ratio0.72
Cash Ratio0.33

Nomad Foods Dividend FAQ

Does Nomad Foods stock pay dividends?
Nomad Foods does not currently pay dividends to its shareholders.
Has Nomad Foods ever paid a dividend?
No, Nomad Foods has no a history of paying dividends to its shareholders. Nomad Foods is not known for its dividend payments.
Why doesn't Nomad Foods pay dividends?
There are several potential reasons why Nomad Foods would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Nomad Foods ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Nomad Foods has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Nomad Foods a dividend aristocrat?
Nomad Foods is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Nomad Foods a dividend king?
Nomad Foods is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Nomad Foods a dividend stock?
No, Nomad Foods is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Nomad Foods stocks?
To buy Nomad Foods you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Nomad Foods stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.