Kraft Heinz stock dividend – Kraft Heinz pays quarterly dividend of $0.40 per share

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Kraft Heinz ($NASDAQ:KHC) is a food and beverage company that manufactures and markets a wide variety of products. Kraft Heinz pays a quarterly dividend of $0.40 per share, in line with previous quarters. The dividend is payable on December 30 to shareholders of record on November 25, with an ex-dividend date of November 23. This dividend yields 4.32%.

The company has increased its dividend for nine consecutive years. The company’s dividend is well covered by earnings and its shares have performed well in recent years. Kraft Heinz is a good option for investors looking for income from their portfolio.

Dividends – Kraft Heinz stock dividend

The company has issued dividend per share of 1.6 USD for FY2022 Q2 ending June 30, compared to dividends of 1.6 USD and 1.6 USD issued last two years. Kraft Heinz‘s dividend yields from 2020 to 2022 are 5.22%, 4.25%, 4.19%, thus three-year average dividend yiled is 4.55%. If you are looking for dividend stocks, Kraft Heinz might be worth considering.

Market Price

This news has been received mostly positively by the market, with Kraft Heinz stock opening at $37.9 and closing at $36.9, down by only 0.4% from its prior closing price of $37.1. This dividend payout represents a solid return for investors, and comes as good news for a company that has been under pressure in recent months. Kraft Heinz has been struggling to turnaround its business, and has been engaged in cost-cutting measures in an effort to improve its bottom line. The company has been facing challenges in the form of increased competition, higher input costs, and slowing sales growth.

However, the dividend payout indicates that the company is still generate a healthy amount of cash flow and is committed to returning value to shareholders. In the short-term, Kraft Heinz stock may continue to be under pressure as the company works to turnaround its business. However, the dividend payout provides a measure of comfort for investors and indicates that the company is still a cash-generating machine.

VI Analysis

KRAFT HEINZ is a high risk investment in terms of financial and business aspects, with two risk warnings in the income sheet and balance sheet. The company’s fundamentals reflect its long term potential, but investors should be aware of the risks before investing.

VI 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 food and beverage company with a strong history of paying dividends to shareholders. Kraft Heinz also has a strong balance sheet, with a debt-to-equity ratio of 0.4. Investors who are looking for a food and beverage company with a strong history of paying dividends and a high dividend yield may want to consider Kraft Heinz.