Shares of Campbell's ( CPB +1.09% ) sold off 5.2% on Tuesday after the soup and snack giant reported first-quarter fiscal 2026 results that disappointed investors. The stock is down 32% year to date and is at its lowest level since the financial crisis of 2008.

The sell-off has pushed Campbell's dividend yield up to about 5.5% -- which is very much in high-yield territory and five times the S&P 500 ( ^GSPC 1.07% ) dividend yield of 1.1%.

Here's why investors are sour on Campbell's, and if the high-yield dividend stock is a buy in December.

Campbell's has an excellent portfolio of brands

The Campbell's name is known for its soups and inspired a series of 32 iconic Andy Warhol paintings. But the company is a lot more than just condensed soup, largely thanks to its 201

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