Campbell Soup Co. is growing earnings and yield

Campbell Soup Co. is growing earnings and yield

Rising sales, cost cutting and a major acquisition helped rocket quarterly earnings 79.5% as compared to last year.

The company is also disposing of non-core assets to focus on canned soups, pasta, V8 vegetable juices, and snack products.

The stock trades at 16.5 times the company’s 2019… Read More

Campbell settles with activist

CAMPBELL SOUP CO. $40 (New York symbol CPB; Conservative-Growth Payer Portfolio, Consumer sector; Shares o/s: 300.7 million; Market cap: $12.0 billion; Dividend yield: 3.5%; Dividend Sustainability Rating: Above Average; www.campbellsoupcompany.com) has agreed to expand its board of directors from 12 members to 14, and will place two of… Read More