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; 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; 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

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