5 Stocks with Highest Dividend to Invest In Now

2. Conagra Brands, Inc. (NYSE:CAG)

Dividend Yield as of June 16: 10.32%

On June 5, Morgan Stanley lowered its price recommendation on Conagra Brands, Inc. (NYSE:CAG) to $13 from $15. It reiterated an Equal Weight rating on the shares. Looking ahead to off-cycle earnings reports from several packaged food companies in the coming weeks, analyst Megan Alexander Clapp said the market’s focus is firmly on fiscal 2027 outlooks. She noted that she is lowering estimates “again,” primarily to account for additional cost inflation.

Also on June 5, JPMorgan reduced its price goal on CAG to $14 from $17. It kept a Neutral rating on the stock as part of its fiscal fourth-quarter preview. Analyst Thomas Palmer said the company’s guidance and dividend risks appear to be well understood by the market.

Conagra Brands, Inc. (NYSE:CAG) is a branded food company with operations across four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice.