Foodmakers in good shape post lockdowns

Kraft Heinz and Campbell Soup benefited as COVID-19 lockdowns forced consumers to eat more meals at home. Now that the economy is re-opening, they aim to keep expanding their sales with new products. Better efficiency will also let them maintain your dividends.
KRAFT HEINZ CO. $36… Read More

Healthy outlook for Kraft

KRAFT HEINZ CO. $40 is a buy. The foodmaker (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) cut its quarterly dividend by 36.5% with the March 2019 payment, to $0.40 a share… Read More

Kraft Heinz pivots to better brands

KRAFT HEINZ CO. $36 is a hold. The foodmaker (Nasdaq symbol KHC, Conservative-Growth Dividend Payer Portfolio; Consumer sector; Shares outstanding: 1.2 billion; Market cap: $43.2 billion; Dividend yield: 4.4%; Dividend Sustainability Rating: Average; www.kraftheinzcompany.com) cut its quarterly dividend by 36.5% with the March 2019 payment, to $0.40 a share… Read More

Kraft Heinz expands in Brazil

KRAFT HEINZ CO. $35 remains a hold. The foodmaker (Nasdaq symbol KHC; Income Portfolio, Consumer sector; Shares outstanding: 1.2 billion; Market cap: $42.0 billion; Price-to-sales ratio: 1.7; Dividend yield: 4.6%; TSINetwork Rating: Above Average; www.kraftheinzcompany.com) is a leading producer of processed foods. Its top brands include Velveeta and… Read More

Kraft Heinz settles with the SEC

KRAFT HEINZ CO. $36 is a hold. The foodmaker (Nasdaq symbol KHC, Conservative-Growth Dividend Payer Portfolio; Consumer sector; Shares outstanding: 1.2 billion; Market cap: $43.2 billion; Dividend yield: 4.4%; Dividend Sustainability Rating: Average; www.kraftheinzcompany.com) cut its quarterly dividend by 36.5% with the March 2019 payment,… Read More