Nomad Foods Limited (NOMD) Approved a Cash Dividend For its Shareholders

Nomad Foods Limited (NYSE:NOMD) is one of the Best Undervalued UK Stocks to Buy According to Analysts. On July 30, Nomad Foods Limited (NYSE:NOMD) announced that its Board of Directors has approved a cash dividend of $0.17 per share for its shareholders.

The $0.17 per share dividend reflects a 13% increase compared to the dividend declared a year ago, demonstrating growth. The dividend will be paid out on August 26, 2025, to those who own shares as of the end of the trading day on August 11, 2025.

Moreover, the company is also set to report its Q2 2025 results on August 6, 2025. Nomad Foods Limited (NYSE:NOMD) reported a 3% decline in revenue during the fiscal first quarter of 2025, with organic revenue down 3.6% and volume decreasing 3.7%. Management noted retailer inventory destocking and Easter timing as key challenges hampering the growth. As a result, management lowered its full-year organic growth rate from 1% to 3% growth to 0% to 2% growth.

Nomad Foods Limited (NYSE:NOMD) is a leading European frozen food company headquartered in the United Kingdom.

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Disclosure: None. This article is originally published at Insider Monkey.