Lower costs support their dividends

These two firms are cutting costs, which will help them cope as consumers shift away from processed foods. Those savings will let them improve the quality of their products, and protect their dividends.
CAMPBELL’S CO. $42 is a buy. The company (Nasdaq symbol CPB; Conservative-Growth Payer Portfolio, Consumer… Read More

Asset sales improve their long-term prospects

These two leading packaged foodmakers continue to sell parts of their product portfolios in response to changing consumer tastes. These moves should spur their long-term growth and dividends. Note—we prefer Kraft Heinz for your new buying.
GENERAL MILLS INC. $74 is a hold. The company (New York symbol… Read More

Cost savings should spur earnings

KRAFT HEINZ CO. $35 is a buy. The company (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 Philadelphia cream… Read More

Kraft may sell Oscar Mayer

KRAFT HEINZ CO. $32 is a buy. The company (Nasdaq symbol KHC, Conservative-Growth Dividend Payer Portfolio; Consumer sector; Shares o/s: 1.2 billion; Market cap: $38.4 billion; Dividend yield: 5.0%; Dividend Sustainability Rating: Average; www.kraftheinzcompany.com) is a leading producer of processed foods. Top brands include Velveeta and Philadelphia cheese products,… Read More

These foodmakers are reliable payers

These two foodmakers have held steady their dividends in the past few years as they adapt their businesses to changing consumer tastes. As a result, their current dividends look safe.
CAMPBELL SOUP CO. $43 is a buy. The company (New York symbol CPB; Conservative-Growth Payer Portfolio, Consumer sector;… Read More