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Kraft Heinz (NASDAQ: KHC) is an attractive dividend stock for investors. It offers a high yield of 4.4%, which is more than three times the S&P 500 average of 1.4%.
There's certainly plenty of fear surrounding Kraft Heinz stock right now. Whatever your motivation is, newcomers will be stepping into this stock while the dividend yield's a healthy 4.4%.
Kraft Heinz also announced that they slashed their dividend from 62.5 cents a share to 40 cents. The company also announced a goodwill impairment charge that wrote down the value of the company's Kraft and Oscar Mayer brands of $15.4 billion in the fourth quarter, which resulted in a net loss of $12.61 billion. [56]
Kraft's revenue growth has stagnated in the years since it merged with Heinz as consumers shun older, established brands for newer products, cheaper private label brands and non-processed and ...
Website. kraftheinzcompany.com. Kraft Foods Group, Inc. ( doing business as Kraft Foods Group) is an American food manufacturing and processing conglomerate, [2] split from Kraft Foods Inc. on October 1, 2012, and was headquartered in Chicago, Illinois. It became part of Kraft Heinz on July 2, 2015.
- Kraft Heinz plans more price hikes as sales, earnings beat estimatesaol.com
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- Kraft Heinz debuts 3 spicy ketchups, part of innovation push to drive $2B in salesaol.com
- Kraft Heinz Lunchables to be part of the National School Lunch Program this fallaol.com
According to the company, Kraft Heinz sells more ketchup packets annually than there are people on earth, and Kraft has been selling its mac and cheese products since 1937, when meat and dairy ...
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