{"slug":"dividend-yield-traps","qid":"cag_yield_trace","label":"Conagra (CAG): month-end price, annualized dividend rate, and yield, 2021-08 to 2026-07","post_title":"Dividend Yield Traps: How to Spot One","post_url":"/blog/dividend-yield-traps#q-cag_yield_trace","columns":["month","month_label","price_usd","annual_dividend_usd","dividend_yield_pct"],"rows":[{"month":"2021-08","month_label":"August 2021","price_usd":33.11,"annual_dividend_usd":1.25,"dividend_yield_pct":3.78},{"month":"2021-09","month_label":"September 2021","price_usd":33.87,"annual_dividend_usd":1.25,"dividend_yield_pct":3.69},{"month":"2021-10","month_label":"October 2021","price_usd":32.21,"annual_dividend_usd":1.25,"dividend_yield_pct":3.88},{"month":"2021-11","month_label":"November 2021","price_usd":30.55,"annual_dividend_usd":1.25,"dividend_yield_pct":4.09},{"month":"2021-12","month_label":"December 2021","price_usd":34.15,"annual_dividend_usd":1.25,"dividend_yield_pct":3.66},{"month":"2022-01","month_label":"January 2022","price_usd":34.76,"annual_dividend_usd":1.25,"dividend_yield_pct":3.6},{"month":"2022-02","month_label":"February 2022","price_usd":34.95,"annual_dividend_usd":1.25,"dividend_yield_pct":3.58},{"month":"2022-03","month_label":"March 2022","price_usd":33.58,"annual_dividend_usd":1.25,"dividend_yield_pct":3.72},{"month":"2022-04","month_label":"April 2022","price_usd":34.95,"annual_dividend_usd":1.25,"dividend_yield_pct":3.58},{"month":"2022-05","month_label":"May 2022","price_usd":32.88,"annual_dividend_usd":1.25,"dividend_yield_pct":3.8},{"month":"2022-06","month_label":"June 2022","price_usd":34.26,"annual_dividend_usd":1.25,"dividend_yield_pct":3.65},{"month":"2022-07","month_label":"July 2022","price_usd":34.2,"annual_dividend_usd":1.25,"dividend_yield_pct":3.65},{"month":"2022-08","month_label":"August 2022","price_usd":34.37,"annual_dividend_usd":1.32,"dividend_yield_pct":3.84},{"month":"2022-09","month_label":"September 2022","price_usd":32.65,"annual_dividend_usd":1.32,"dividend_yield_pct":4.04},{"month":"2022-10","month_label":"October 2022","price_usd":36.69,"annual_dividend_usd":1.32,"dividend_yield_pct":3.6},{"month":"2022-11","month_label":"November 2022","price_usd":37.98,"annual_dividend_usd":1.32,"dividend_yield_pct":3.48},{"month":"2022-12","month_label":"December 2022","price_usd":38.7,"annual_dividend_usd":1.32,"dividend_yield_pct":3.41},{"month":"2023-01","month_label":"January 2023","price_usd":37.2,"annual_dividend_usd":1.32,"dividend_yield_pct":3.55},{"month":"2023-02","month_label":"February 2023","price_usd":36.42,"annual_dividend_usd":1.32,"dividend_yield_pct":3.62},{"month":"2023-03","month_label":"March 2023","price_usd":37.56,"annual_dividend_usd":1.32,"dividend_yield_pct":3.51},{"month":"2023-04","month_label":"April 2023","price_usd":37.97,"annual_dividend_usd":1.32,"dividend_yield_pct":3.48},{"month":"2023-05","month_label":"May 2023","price_usd":34.87,"annual_dividend_usd":1.32,"dividend_yield_pct":3.79},{"month":"2023-06","month_label":"June 2023","price_usd":33.71,"annual_dividend_usd":1.32,"dividend_yield_pct":3.92},{"month":"2023-07","month_label":"July 2023","price_usd":32.82,"annual_dividend_usd":1.4,"dividend_yield_pct":4.27},{"month":"2023-08","month_label":"August 2023","price_usd":29.88,"annual_dividend_usd":1.4,"dividend_yield_pct":4.69},{"month":"2023-09","month_label":"September 2023","price_usd":27.43,"annual_dividend_usd":1.4,"dividend_yield_pct":5.1},{"month":"2023-10","month_label":"October 2023","price_usd":27.35,"annual_dividend_usd":1.4,"dividend_yield_pct":5.12},{"month":"2023-11","month_label":"November 2023","price_usd":28.3,"annual_dividend_usd":1.4,"dividend_yield_pct":4.95},{"month":"2023-12","month_label":"December 2023","price_usd":28.67,"annual_dividend_usd":1.4,"dividend_yield_pct":4.88},{"month":"2024-01","month_label":"January 2024","price_usd":29.14,"annual_dividend_usd":1.4,"dividend_yield_pct":4.8},{"month":"2024-02","month_label":"February 2024","price_usd":28.08,"annual_dividend_usd":1.4,"dividend_yield_pct":4.99},{"month":"2024-03","month_label":"March 2024","price_usd":29.64,"annual_dividend_usd":1.4,"dividend_yield_pct":4.72},{"month":"2024-04","month_label":"April 2024","price_usd":30.78,"annual_dividend_usd":1.4,"dividend_yield_pct":4.55},{"month":"2024-05","month_label":"May 2024","price_usd":29.87,"annual_dividend_usd":1.4,"dividend_yield_pct":4.69},{"month":"2024-06","month_label":"June 2024","price_usd":28.43,"annual_dividend_usd":1.4,"dividend_yield_pct":4.92},{"month":"2024-07","month_label":"July 2024","price_usd":30.31,"annual_dividend_usd":1.4,"dividend_yield_pct":4.62},{"month":"2024-08","month_label":"August 2024","price_usd":31.19,"annual_dividend_usd":1.4,"dividend_yield_pct":4.49},{"month":"2024-09","month_label":"September 2024","price_usd":32.52,"annual_dividend_usd":1.4,"dividend_yield_pct":4.31},{"month":"2024-10","month_label":"October 2024","price_usd":28.95,"annual_dividend_usd":1.4,"dividend_yield_pct":4.84},{"month":"2024-11","month_label":"November 2024","price_usd":27.55,"annual_dividend_usd":1.4,"dividend_yield_pct":5.08},{"month":"2024-12","month_label":"December 2024","price_usd":27.76,"annual_dividend_usd":1.4,"dividend_yield_pct":5.04},{"month":"2025-01","month_label":"January 2025","price_usd":25.88,"annual_dividend_usd":1.4,"dividend_yield_pct":5.41},{"month":"2025-02","month_label":"February 2025","price_usd":25.54,"annual_dividend_usd":1.4,"dividend_yield_pct":5.48},{"month":"2025-03","month_label":"March 2025","price_usd":26.68,"annual_dividend_usd":1.4,"dividend_yield_pct":5.25},{"month":"2025-04","month_label":"April 2025","price_usd":24.69,"annual_dividend_usd":1.4,"dividend_yield_pct":5.67},{"month":"2025-05","month_label":"May 2025","price_usd":22.88,"annual_dividend_usd":1.4,"dividend_yield_pct":6.12},{"month":"2025-06","month_label":"June 2025","price_usd":20.45,"annual_dividend_usd":1.4,"dividend_yield_pct":6.84},{"month":"2025-07","month_label":"July 2025","price_usd":18.26,"annual_dividend_usd":1.4,"dividend_yield_pct":7.67},{"month":"2025-08","month_label":"August 2025","price_usd":19.13,"annual_dividend_usd":1.4,"dividend_yield_pct":7.32},{"month":"2025-09","month_label":"September 2025","price_usd":18.28,"annual_dividend_usd":1.4,"dividend_yield_pct":7.66},{"month":"2025-10","month_label":"October 2025","price_usd":17.18,"annual_dividend_usd":1.4,"dividend_yield_pct":8.15},{"month":"2025-11","month_label":"November 2025","price_usd":17.85,"annual_dividend_usd":1.4,"dividend_yield_pct":7.84},{"month":"2025-12","month_label":"December 2025","price_usd":17.32,"annual_dividend_usd":1.4,"dividend_yield_pct":8.09},{"month":"2026-01","month_label":"January 2026","price_usd":18.51,"annual_dividend_usd":1.4,"dividend_yield_pct":7.56},{"month":"2026-02","month_label":"February 2026","price_usd":19.25,"annual_dividend_usd":1.4,"dividend_yield_pct":7.27},{"month":"2026-03","month_label":"March 2026","price_usd":15.71,"annual_dividend_usd":1.4,"dividend_yield_pct":8.91},{"month":"2026-04","month_label":"April 2026","price_usd":14.35,"annual_dividend_usd":1.4,"dividend_yield_pct":9.76},{"month":"2026-05","month_label":"May 2026","price_usd":13.28,"annual_dividend_usd":1.4,"dividend_yield_pct":10.54},{"month":"2026-06","month_label":"June 2026","price_usd":13.45,"annual_dividend_usd":1.4,"dividend_yield_pct":10.41},{"month":"2026-07","month_label":"July 2026","price_usd":14.52,"annual_dividend_usd":0.7,"dividend_yield_pct":4.82}],"shape":"series","sql":"WITH px AS (\n    SELECT toStartOfMonth(toDate(toTimeZone(window_start, 'America/New_York'))) AS month_start,\n           argMax(toFloat64(close), window_start) AS price,\n           max(toDate(toTimeZone(window_start, 'America/New_York'))) AS last_day\n    FROM global_markets.delayed_stocks_minute_aggs\n    WHERE ticker = 'CAG'\n      AND toDate(toTimeZone(window_start, 'America/New_York')) >= toDate('2021-08-01')\n      AND toDate(toTimeZone(window_start, 'America/New_York')) <= toDate('2026-07-31')\n      AND (toHour(toTimeZone(window_start, 'America/New_York')) * 60\n           + toMinute(toTimeZone(window_start, 'America/New_York'))) BETWEEN 570 AND 959\n    GROUP BY month_start\n),\ndv AS (\n    SELECT ex_dividend_date, toFloat64(cash_amount) AS cash_amount\n    FROM global_markets.stocks_dividends\n    WHERE ticker = 'CAG'\n      AND distribution_type = 'recurring'\n      AND frequency = 4\n      AND cash_amount > 0\n      AND ex_dividend_date >= toDate('2021-01-01')\n)\nSELECT formatDateTime(px.month_start, '%Y-%m') AS month,\n       formatDateTimeInJodaSyntax(px.month_start, 'MMMM yyyy') AS month_label,\n       round(any(px.price), 2) AS price_usd,\n       round(argMax(dv.cash_amount, dv.ex_dividend_date) * 4, 2) AS annual_dividend_usd,\n       round(argMax(dv.cash_amount, dv.ex_dividend_date) * 4 / any(px.price) * 100, 2) AS dividend_yield_pct\nFROM px, dv\nWHERE dv.ex_dividend_date <= px.last_day\nGROUP BY px.month_start\nORDER BY px.month_start","computed_at":"2026-08-22T04:04:35.290227+00:00","elapsed":2.055643923}