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

Their moves to satisfy consumers carry risk

These two leading U.S. foodmakers continue to adjust their product portfolios as consumers shift to healthier products. However, relying on acquisitions to expand adds to their risk.
KRAFT HEINZ CO. $40 is a hold. The firm (Nasdaq symbol KHC, Conservative-Growth Dividend Payer Portfolio; Consumer sector; Shares… Read More