dividend change
CPB Campbell Soup Company
CPB cut its quarterly dividend 35.9% to $0.25 from $0.39 (next ex-dividend date 1 Oct 2025).
Orin's take
The 35.9% dividend cut directly validates the sell thesis, signaling acute cash preservation needs amid collapsing operating income and a $60M net loss. It strips away the last income-oriented support for the stock at a time when fundamentals are rapidly deteriorating.
What would change this read
A reported quarter with positive free cash flow and organic revenue growth turning positive would undermine the bearish read.
The facts
cut 35.9% — $0.39 to $0.25 per quarter
- New payment
- $0.25 per quarter
- Previous
- $0.39 · ex-dividend 2 Jul 2026
- Next ex-dividend
- 1 Oct 2026
Dividends come from the dividends calendar, not a filing — the ex-dividend date is the day the payment stops travelling with the share.
Signals are informational research, not individualized investment advice.