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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%.
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.
Smith rates Kraft Heinz stock a Buy. Meanwhile, Kraft Heinz is back to doing what a packaged food company does best — creating new products that gain new shoppers.
For the fiscal year 2017, Kraft Heinz reported earnings of US$ 11.0 billion, with an annual revenue of US$ 26.2 billion, a decline of 0.6% over the previous fiscal cycle. Kraft Heinz's shares traded at over $61 per share, and its market capitalization was valued at over US$ 136 billion in September 2018.
(Reuters) -Kraft Heinz Co said on Wednesday it would raise the prices of its snacks and condiments further to counter soaring costs of raw materials and transportation, after posting quarterly ...
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
On March 25, 2015, Kraft Foods Group Inc. announced that it would merge with the H.J. Heinz Company, owned by 3G Capital and Berkshire Hathaway Inc. Kraft's shares rose about 17 percent in premarket trading after the announcement of the deal, which will bring Heinz back to the public market following its takeover over two years prior.