Nomad Foods Limited (NOMD) To Go Ex-Dividend on May 8th

Nomad Foods Limited (NYSE:NOMD) declared a quarterly dividend on Tuesday, April 30th, investing.com reports. Investors of record on Thursday, May 9th will be paid a dividend of 0.15 per share on Tuesday, May 28th. This represents a $0.60 annualized dividend and a yield of 3.32%. The ex-dividend date of this dividend is Wednesday, May 8th.

Nomad Foods Stock Up 0.2 %

Shares of NOMD stock traded up $0.04 on Thursday, reaching $18.07. 55,042 shares of the company were exchanged, compared to its average volume of 622,447. The company has a 50-day moving average of $19.04 and a 200-day moving average of $17.38. Nomad Foods has a one year low of $13.56 and a one year high of $20.05. The company has a market cap of $2.94 billion, a price-to-earnings ratio of 14.66 and a beta of 0.76. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.13 and a quick ratio of 0.70.

Nomad Foods (NYSE:NOMD) last posted its quarterly earnings results on Thursday, February 29th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. The business had revenue of $761.00 million during the quarter, compared to analysts’ expectations of $766.56 million. Nomad Foods had a net margin of 6.34% and a return on equity of 10.41%. During the same quarter last year, the company posted $0.34 earnings per share. Analysts anticipate that Nomad Foods will post 1.91 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Barclays raised their price target on Nomad Foods from $20.00 to $22.00 and gave the stock an “overweight” rating in a research report on Friday, February 2nd.

Nomad Foods Company Profile

Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. The company offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers.