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flag Nomad Foods reached a 52-week high after exceeding earnings forecasts and boosting its dividend.

flag Nomad Foods, a frozen food company, hit a new 52-week high after reporting stronger-than-expected quarterly earnings. flag The company reported an EPS of $0.45, beating forecasts of $0.40. flag Shares surged, and Nomad also increased its quarterly dividend to $0.17. flag Institutional investors have recently boosted their stakes in the company, and Nomad's market cap stands at $3.29 billion.

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