Kraft Heinz stock dividend – Kraft Heinz Co Announces 0.4 Cash Dividend
March 13, 2023
Dividends Yield
Kraft Heinz ($NASDAQ:KHC) Co, one of the leading food companies, has announced a 0.4 cash dividend on March 1 2023. For the last three years, KRAFT HEINZ has consistently issued an annual dividend per share of 1.6 USD offering an average yield of 4.19%. This makes the company a strong contender for those looking for a dividend-paying stock, as the ex-dividend date is March 9 2023. Kraft Heinz Co is committed to providing a strong return on equity to shareholders.
The company has a long history of providing reliable and consistent dividend payments, making it an attractive option when looking to invest in dividend stocks. With its stable cash dividend, KRAFT HEINZ is dedicated to remaining competitive in the market, providing investors with a steady source of income.
Price History
The stock opened at $38.9 on Wednesday and closed at $38.4, representing a 1.4% decline from the prior closing price. The company is well known for iconic brands such as Heinz Ketchup, Kraft Mac & Cheese, Grey Poupon and Oscar Mayer. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Kraft Heinz. More…
| Total Revenues | Net Income | Net Margin |
| 26.48k | 2.36k | 11.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Kraft Heinz. More…
| Operations | Investing | Financing |
| 2.47k | -1.09k | -3.71k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Kraft Heinz. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 90.51k | 41.64k | 39.24 |
Key Ratios Snapshot
Some of the financial key ratios for Kraft Heinz are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.0% | -2.9% | 14.7% |
| FCF Margin | ROE | ROA |
| 5.9% | 5.0% | 2.7% |
Analysis – Kraft Heinz Intrinsic Value Calculation
At GoodWhale, we analyze the financials of KRAFT HEINZ and our proprietary Valuation Line helps us determine its intrinsic value. After crunching the numbers, we estimate the intrinsic value of a KRAFT HEINZ share to be around $36.3. Currently, the stock is trading at $38.4, which is a fair price. However, it is slightly overvalued by 5.7%. We believe that investors should keep this in mind when making their investment decisions. More…
Peers
The Kraft Heinz Co. is a food and beverage company that offers a variety of products. Its competitors include Kellogg Co, General Mills Inc, and Treehouse Foods Inc.
– Kellogg Co ($NYSE:K)
Kellogg Co is a food manufacturing company that produces cereal, snacks, and other food products. The company has a market cap of $25.03 billion and a return on equity of 33.71%. Kellogg’s products are sold in more than 180 countries and include brands such as Kellogg’s, Keebler, Pop-Tarts, and Eggo. The company has more than 30,000 employees worldwide.
– General Mills Inc ($NYSE:GIS)
General Mills Inc is a food company that produces and markets branded consumer foods in the United States and internationally. The company’s products include cereals, yogurt, snacks, and baking mixes. General Mills Inc has a market cap of 46.37B as of 2022 and a return on equity of 20.18%. The company’s products are marketed under the brands including Cheerios, Lucky Charms, Nature Valley, and Betty Crocker.
– Treehouse Foods Inc ($NYSE:THS)
Treehouse Foods Inc is a food manufacturing company with a market cap of $2.7 billion as of 2022. The company has a return on equity of 0.58%. Treehouse Foods Inc manufactures and sells packaged foods and beverages in the United States. The company offers canned soups, salad dressings, peanut butter, syrups, and other food products. It also provides infant formula and baby food products; and pet food and pet snacks.
Summary
KRAFT HEINZ is a strong investment option due to its reliable track record of consistent annual dividend payments. Over the last three years, KRAFT HEINZ has paid out an average dividend per share of 1.6 USD with a yield of 4.19%. This steady income stream and potential for growth makes KRAFT HEINZ a reliable, long-term investment opportunity.
Furthermore, the company’s stable financial situation and disciplined approach to managing resources provide assurance that it can weather any market downturns. As a result, investors should consider KRAFT HEINZ as a reliable choice for portfolio diversification and long-term growth.
