Conagra: The 7%+ Dividend Yield Is Safe

Core Viewpoint - The stock of Conagra Brands, Inc. (NYSE: CAG) has experienced a significant decline over the past several years, leading to an increase in dividend yield [1] Company Analysis - Conagra Brands has seen its stock price drop considerably, which has resulted in a dividend yield that is now well over the previous levels [1] - The company is viewed as an undervalued asset, presenting potential income opportunities and underpriced growth prospects [1] Investor Perspective - The investor profile indicates a long-term beneficial position in Conagra Brands shares, suggesting confidence in the company's future performance despite past challenges [2] - The investment philosophy emphasizes value prioritization and contrarian strategies, which may align with the current state of Conagra Brands [1]