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Campbell Soup Cuts Dividend Amid Weak Sales Outlook

Key takeaways

  • Campbell Soup has reduced its dividend to 25 cents quarterly, reflecting weak sales and a cautious outlook, though analysts see potential support near $18.
#Campbell Soup#dividend cut#stock market

Analysis

Campbell Soup has reduced its dividend to 25 cents quarterly, reflecting weak sales and a cautious outlook, though analysts see potential support near $18.

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