#United Kingdom #Frozen Food #Woking #Nomad Foods #Birds Eye

Nomad Foods Announces Dividend Increase for 2025

In a recent announcement, Nomad Foods Limited (NYSE: NOMD) revealed a notable increase in its quarterly dividend, now set at $0.17 per share for the year 2025. This marks a 13% rise compared to the previous year's payout. The Board of Directors declared the dividend will be payable on February 26, 2025, to shareholders of record as of the close of business on February 10, 2025.

This increase in dividend follows a promising course for the company, as it approaches a decade of consistent growth in both revenue and profits. CEO Stéfan Descheemaeker expressed confidence in the company’s long-term strategy. He stated, "This dividend increase reflects our commitment to returning capital to our shareholders while continuing to invest in our growth initiatives. Our robust cash flow provides us with the flexibility to do both effectively."

Nomad Foods, recognized as Europe’s leading frozen food firm, boasts a portfolio of well-known brands such as Birds Eye, Findus, and iglo. These brands have been staples in consumers' households for many years, aligning with the company’s vision of providing high-quality and nutritious frozen food options. The company has established itself as a key player in the market, significant for its focus on providing foods that are both tasty and convenient, especially in today’s fast-paced lifestyle.

The announcement of the dividend increase is particularly significant for shareholders, as it is the first boost since Nomad launched its quarterly dividend policy in January 2024. This is a positive sign that indicates both financial stability and confidence in ongoing and future strategies.

Investors have frequently turned their attention to dividends as they reflect the financial health and outlook of a company. The increase is expected to please shareholders as it not only rewards them for their stake in the company but also signals management’s belief in the sustained growth potential of Nomad Foods.

Looking ahead, Nomad Foods aims to continue expanding its market presence while maintaining its commitment to quality and convenience. With an established reputation and a robust lineup of products, the company is well-positioned to navigate the competitive landscape of the frozen food sector.

As Nomad Foods prepares for another year of expected growth, stakeholders are optimistic about the company's future, buoyed by a strong foundation and innovative strategies aimed at capturing new market opportunities while retaining loyal customers. The decision to increase dividends, combined with the strategic investments in core growth platforms, cements Nomad's commitment to maximizing shareholder value.

In conclusion, Nomad Foods Limited’s announcement not only highlights its financial acumen but reaffirms its status as a leader in the European frozen food market. The upcoming dividend increase serves as a testament to its confidence in long-term strategies, promising a fruitful outlook for both investors and consumers alike.