Kraft Foods
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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'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...
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]
Anyone who's ever rolled through the middle aisle of a grocery store knows the names "Kraft" and "Heinz" -- and their everyday purchases are likely boosting the profits for Kraft Heinz stock.
Kraft Heinz plans more price hikes as sales, earnings beat estimatesaol.com- Kraft Heinz volumes sink as consumers push back on higher pricesaol.com
- 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
Trading 20% from its highs, another food retailer investors will be watching this earnings season is Kraft Heinz (KHC). The company is set to report its Q3 earnings on October 26.