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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%.
One of the final black eyes came in February 2019, when Kraft Heinz took a $15.4 billion write-down on its Oscar Mayer cold cuts, natural cheese, and Canadian retail businesses. Shares crashed ...
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 ...
- 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
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. Kraft and Heinz ...