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Nomad Foods Announces Dividend Increase Amid Strong Cash Flow

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Nomad Foods Announces Dividend Increase Amid Strong Cash Flow

The latest announcement is out from Nomad Foods ( (NOMD) ).

Nomad Foods Limited announced on January 30, 2025, a 13% increase in its quarterly cash dividend to $0.17 per share, marking its first increase since January 2024. This decision reflects the company’s confidence in its long-term strategy and commitment to shareholder value, supported by strong cash flow and a decade of growth.

More about Nomad Foods

Nomad Foods, headquartered in the United Kingdom, is Europe’s leading frozen food company. It boasts a portfolio of iconic brands, including Birds Eye, Findus, iglo, Ledo, and Frikom, known for great tasting, convenient, high-quality, and nutritious food.

YTD Price Performance: 4.32%

Average Trading Volume: 755,165

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.8B

Learn more about NOMD stock on TipRanks’ Stock Analysis page.

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