{
  "id": 16769206,
  "title": "Conagra and Campbell's Have Already Cut Their Dividends in 2026. Could General Mills Be Next?",
  "url": "https://urgent.news/2026/10/27/conagra-and-campbells-have-already-cut-their-dividends-in-2026-could",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-27T17:00:02.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/10/27/conagra-and-campbell-s-have-already-cut-their-dividends-in-2026-could-general-mills-be-next/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Food companies have faced challenges this year due to inflation and the growing popularity of GLP-1 drugs, which are affecting appetites. Conagra and Campbell Soup have both reduced their dividend payments this year. General Mills, however, has maintained its dividend, currently at 7.2% and one of the highest-yielding stocks in the S&P 500.\n\nWhen examining the company's financials, General Mills reported a 3% decrease in net sales for the quarter ending on Aug. 30. The drop was primarily due to the divestiture of its U.S. yogurt business, while its organic sales remained flat. Although not ideal, this performance is not alarming.\n\nThe following year, the company experienced a boost from a gain on divestitures, but even after adjusting for that, its per-share profit was $0.75, down from $0.86 in the previous year. At its current quarterly dividend rate of $0.61, the payout ratio is around 81%, which is relatively high but not necessarily unsustainable. General Mills generated $1.6 billion in free cash flow over the trailing 12 months, which exceeds the $1.3 billion paid in dividends during the same period, suggesting a buffer is available.\n\nGiven these figures, there is no immediate reason to believe General Mills may cut its dividend in the near future. Despite challenges, the stock has decreased by 45% over the past five years, and warning of a dividend cut could further diminish its valuation. However, investors should not feel overly confident in the business, as declining earnings and a lack of growth are valid concerns that might lead to a dividend reduction in the future.\n\nWhile General Mills' dividend appears attractive due to its high yield, a more secure choice might be other dividend stocks with stronger financials. For comprehensive stock recommendations, portfolio guidance, and more, consider The Motley Fool's premium services.",
  "summary": "General Mills is one of the highest-yielding stocks in the S&P 500, with a yield of 7.2%.",
  "key_points": [
    "Conagra and Campbell Soup reduced dividends in 2026 due to inflation and GLP-1 drug impact.",
    "General Mills maintained 7.2% dividend, one of highest-yielding S&P 500 stocks.",
    "General Mills' payout ratio is 81%, with $1.6B free cash flow vs $1.3B paid in dividends."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}