Two major food companies cut dividends; others show warning signs of payout freezes or cuts.

Conagra and Campbell’s have cut their dividends amid struggles in the packaged food sector, signaling challenges for income investors. Kraft Heinz and General Mills maintain frozen dividends despite significant impairments and declining earnings, while Hormel Foods raised its dividend by a minimal amount, suggesting caution. McCormick stands out by continuing to raise dividends with solid cash flow. Investors should watch for dividend freezes, token raises, and impairments as early signs of potential cuts ahead.