Strong brands give these foodmakers an edge

These two foodmakers continue to raise their selling prices to offset rising costs for ingredients, fuel, labour and other inputs. Even so, consumers seem willing to stick with their strong brands, which they see as affordable luxuries, instead of switching to cheaper products. Both firms… Read More

Updating your Conservative-Growth Payers: Kraft Heinz

KRAFT HEINZ CO. $36 is a buy. The company (Nasdaq symbol KHC, Conservative-Growth Dividend Payer Portfolio; Consumer sector; Shares outstanding: 1.2 billion; Market cap: $48.0 billion; Dividend yield: 4.0%; Dividend Sustainability Rating: Average; www.kraftheinzcompany.com) is a leading producer of processed foods. Its top brands include Velveeta and Philadelphia cheese… Read More

Here are key updates on 3 dividend payers: Andrew Peller, Broadridge & Kraft Heinz

ANDREW PELLER LTD. $5.01 (A shares) remains a buy. Canada’s second-largest winemaker (Toronto symbol ADW.A; Conservative Growth Payer Portfolio, Consumer sector; Shares outstanding: 43.1 million; Market cap: $215.9 million; Dividend yield: 4.9%; Dividend Sustainability Rating: Above Average; www.andrewpeller.com) last raised your quarterly dividend by 10% with the July 2021… Read More

Strong brands boost earnings

KRAFT HEINZ CO. $40 is a buy. The company (Nasdaq symbol KHC; Income Portfolio, Consumer sector; Shares outstanding: 1.2 billion; Market cap: $48.0 billion; Price-to-sales ratio: 1.9; Dividend yield: 4.0%; TSINetwork Rating: Above Average; www.kraftheinzcompany.com) is a leading producer of processed foods. Its top brands include Velveeta and… Read More

Top brands let them pass along higher costs

These three leading foodmakers continue to post strong sales gains, mainly because they are increasing their selling prices as they cope with higher costs for ingredients, labour and fuel.
So far, thanks to their strong brands, the higher prices have not significantly hurt their volumes. All… Read More

Top brands support their dividends

Foodmakers Kraft Heinz and Campbell Soup have raised the prices of their products in response to rising input costs. Despite that, their strong brands should continue to attract customers. That loyalty supports their high yields.
KRAFT HEINZ CO. $39 is a buy. The company (Nasdaq symbol KHC, Conservative-Growth… Read More