Conagra Brands Inc vs Invesco Preferred ETF — how do they compare? Conagra Brands Inc trades at $14.93 (market cap $7.14B), while Invesco Preferred ETF trades at $10.64. The key difference: Conagra Brands Inc pays a 8.2% dividend while Invesco Preferred ETF pays none, and Conagra Brands Inc is trading nearer its 52-week high, Invesco Preferred ETF nearer its low. Which is the better fit depends on your goals.
| CAG | PGX | |
|---|---|---|
Market Cap | $7.14B | — |
Sector | Consumer Staples | — |
52-Week High | $20.02 | $11.87 |
52-Week Low | $12.58 | $10.65 |
Enterprise Value | $14.20B | — |
Dividend Yield | 8.2% | — |
Trailing returns across standard periods
Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of revenue and profits). It has a significant presence in the freezer aisle, with brands such as Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Other popular brands include Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. While the majority of revenue is sold into the U.S. retail channel, 9% of fiscal 2022 sales were to the food-service channel, down from 11% in fiscal 2019 due to the pandemic.
Read more on CAG →The fund generally will invest at least 80% of its total assets in the components of the index. Strictly in accordance with its guidelines and mandated procedures, ICE Data Indices, LLC selects securities for the index, which is a market capitalization-weighted index designed to measure the performance of the fixed rate US dollar-denominated preferred securities market.
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