CAG Dividend Yield Chart CAG Dividend Yield data by YCharts

Conagra Foods ( CAG)

Background: ConAgra Foods has transformed itself into an industry-leading, branded and value-added food company.

52-Week Range: $23.64 to $30.55

Price to Book: 2.7

Earnings Payout Percentage: 63%

Conagra Foods pays $1 annually in dividend payments. The yield based on a recent price is about 3.3%.

Not surprisingly, the last reported short interest is only 1.6% of the average trading float. Short sellers are the smart money, and with shares now trading near $30, most of the short sellers are under water.

In the last 52 weeks, the shares are about even with a small gain of 1.2%. Conagra Foods has an average analyst target price of $33.60. I believe a price target of $36 in the next 12 months is reasonable. After adjusting for dividend payments, if my price target is met, ConAgra will return a gain of over 20%. Not a bad first-year start with most any investment.

If ConAgra continues at the current rate of appreciation in the last year investors may anticipate an annual return over 4%. CAG Payout Ratio TTM Chart CAG Payout Ratio TTM data by YCharts

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