Nomad Foods Declares Initial Quarterly Dividend of $0.15/Share
Ticker: NOMD · Form: 6-K · Filed: Jan 30, 2024 · CIK: 1651717
| Field | Detail |
|---|---|
| Company | Nomad Foods LTD (NOMD) |
| Form Type | 6-K |
| Filed Date | Jan 30, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $0.15 |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: dividend, shareholder-return, financial-stability
TL;DR
**Nomad Foods just started paying a $0.15 quarterly dividend, making it more attractive for income investors!**
AI Summary
Nomad Foods Ltd. announced on January 30, 2024, that its Board of Directors declared an initial quarterly cash dividend of $0.15 per share. This dividend will be paid on February 26, 2024, to shareholders who own shares by the close of business on February 9, 2024. This matters to investors because it signals financial stability and a commitment to returning value to shareholders, potentially making the stock more attractive to income-focused investors.
Why It Matters
This dividend initiation signals financial health and a commitment to shareholder returns, potentially increasing the stock's appeal to investors seeking regular income.
Risk Assessment
Risk Level: low — Initiating a dividend is generally a positive sign of financial stability and low risk for investors.
Analyst Insight
A smart investor would consider this dividend initiation as a positive indicator of financial health and potential for consistent shareholder returns, making it a more attractive long-term holding, especially for income-focused portfolios.
Key Numbers
- $0.15 — Quarterly Dividend Per Share (This is the amount shareholders will receive for each ordinary share they own.)
Key Players & Entities
- Nomad Foods Limited (company) — the registrant declaring the dividend
- $0.15 (dollar_amount) — the amount of the initial quarterly cash dividend per share
- January 30, 2024 (date) — the date the dividend was announced
- February 26, 2024 (date) — the payment date for the initial quarterly dividend
- February 9, 2024 (date) — the record date for shareholders to receive the dividend
Forward-Looking Statements
- Nomad Foods' stock price may see a slight increase due to increased investor confidence and attraction from income-seeking investors. (Nomad Foods Limited) — medium confidence, target: Q1 2024
- The company will likely maintain or increase its quarterly dividend in future periods, assuming continued financial performance. (Nomad Foods Limited) — medium confidence, target: Next 12 months
FAQ
What is the specific amount of the initial quarterly cash dividend declared by Nomad Foods Limited?
Nomad Foods Limited declared an initial quarterly cash dividend of $0.15 per share on its issued and outstanding ordinary shares.
When was the initial quarterly dividend announced by Nomad Foods Limited?
The initial quarterly dividend was announced by Nomad Foods Limited on January 30, 2024.
What is the payment date for this initial quarterly dividend?
The initial quarterly dividend will be payable on February 26, 2024.
By what date must an investor be a shareholder of record to receive this dividend?
Shareholders must be of record as of the close of business on February 9, 2024, to receive the dividend.
Which SEC forms is this 6-K report incorporated by reference into?
This Report on Form 6-K is incorporated by reference into registration statements on Form S-8 (File No. 333-211095), Form F-3 (File No. 333-217044), and Form F-3ASR (File No. 333-270190).
Filing Stats: 326 words · 1 min read · ~1 pages · Grade level 12.5 · Accepted 2024-01-30 06:45:21
Key Financial Figures
- $0.15 — d an initial quarterly cash dividend of $0.15 per share on the Company's issued and o
Filing Documents
- nomd-20240129x6kxdividenda.htm (6-K) — 16KB
- ex991pressrelease-dividend.htm (EX-99.1) — 8KB
- nomadlogoa15.jpg (GRAPHIC) — 7KB
- 0001651717-24-000004.txt ( ) — 34KB
From the Filing
Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________ FORM 6-K _______________________________________________ REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 _______________________________________________ For the month of January 2024 Commission File Number 001-37669 _______________________________________________ Nomad Foods Limited (Translation of registrant's name in English) _______________________________________________ No. 1 New Square Bedfont Lakes Business Park Feltham, Middlesex TW14 8HA + (44) 208 918 3200 (Address of Principal Executive Offices) _______________________________________________ Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F x Form 40-F o Initiation of Quarterly Dividend On January 30, 2024, Nomad Foods Limited (the "Company") announced that its Board of Directors has declared an initial quarterly cash dividend of $0.15 per share on the Company's issued and outstanding ordinary shares. The initial quarterly dividend will be payable on February 26, 2024 to shareholders of record as of the close of business on February 9, 2024. This Report on Form 6-K (other than Exhibit 99.1) is hereby incorporated by reference into the registration statements on (i) Form S-8 filed with the Securities and Exchange Commission (the "Commission") on May 3, 2016 (File No. 333-211095), (ii) Form F-3, initially filed with the Commission on March 30, 2017 and declared effective on May 2, 2017 (File No. 333-217044) and (iii) Form F-3ASR filed with the Commission on March 1, 2023, which was automatically effective upon filing with the Commission (File No. 333-270190). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. NOMAD FOODS LIMITED By s Samy Zekhout Name Samy Zekhout Title Chief Financial Officer Dated January 30, 2024 Exhibit Index Exhibit Number Exhibit Title 99.1 Press Release issued by Nomad Foods Limited on January 30, 2024 relating to our initiation of a quarterly dividend.