Nomad Foods approves $0.17 quarterly cash payout (NOMD)

Photo: Aleksandar Pasaric / Pexels

In a new disclosure, Nomad Foods Ltd (NOMD) said its board approved a quarterly cash dividend of $0.17 per share. The distribution will be payable on Feb. 26, 2026 to shareholders of record at the close of business on Feb. 11, 2026.

NOMD stock chart

NOMD

Dividend specifics and payout math

This is a straight per-share cash distribution: $0.17 for every ordinary share held as of the record date. Using the company’s published share count of 156.09 million shares at year-end Dec. 31, 2024, that per-share amount translates to roughly $26.5 million of cash paid out for the quarter (156.09 million × $0.17), assuming the share base is unchanged. The board’s action is the mechanism that authorizes the distribution; the two calendar anchors investors should note are Feb. 11 for the record snapshot and Feb. 26 for the cash hit to accounts.

Where the stock sits and what the market showed

Nomad’s shares reacted modestly: the stock closed at $12.70 on the most recent session, up about 1.2% that day. That move came as the name sits above its 20-day moving average and with an RSI in the mid-60s, signaling relatively healthy short-term momentum. For a quick snapshot of the market context, see recent trading.

What Nomad does and why the payout matters

Nomad Foods is Europe’s large frozen-food player, owning brands such as Birds Eye, Findus, iglo, Ledo and Frikom. Those brands generate steady, grocery-driven cash flow, which is the usual source of periodic dividend checks for consumer staples operators. For income-focused shareholders, a predictable per-share cash dividend is a direct way to get paid without selling stock; it also communicates that management believes the business can support a return of capital at the announced level.

Investor takeaways: yield, buybacks and sustainability

Put in plain terms, the $0.17 quarterly payout annualizes to $0.68 per share. Against the recent $12.70 close, that equates to an approximate annual yield of about 5.4% (0.68 ÷ 12.70). That’s a meaningful income signal for a consumer staples name, and it helps explain why dividend-focused buyers might take interest.

Two contextual items make the per-share payment a bit more attractive. First, Nomad’s shares outstanding were reported at 156.09 million at year-end 2024, down about 7.08 million shares (roughly 4.3%) versus the prior year — fewer shares mean the same per-share payout costs the company slightly less on an aggregate basis. Second, regular dividend declarations (and occasional buybacks) are how management shapes total shareholder returns: steady dividends boost cash income while share reductions can lift per-share metrics.

If you want the original company wording, the press statement announcing the payout was released from Woking, England; see the press release for the company’s briefing.

How investors should think about the next steps

• Income planning: If you own Nomad for yield, the Feb. 26 payment is the practical cash date — expect brokerage accounts to reflect the distribution then.
• Eligibility: Only holders of record at the close on Feb. 11 will receive the cash, so position changes before that snapshot matter for who gets paid.
• Watch the share count: any further buybacks or issuance would shift the aggregate cost of the dividend and the per-share economics for remaining holders.

Bottom line: this is a conventional, board-approved quarterly dividend that reinforces Nomad’s role as a cash-returning consumer staples company. Mark Feb. 11 for record purposes and Feb. 26 as the date the cash lands in accounts if you’re counting on the income.