The food company's yield is strong, but that yield comes with an important footnote. One dividend-paying consumer staples name worth considering is packaged foods company Kraft Heinz (KHC 0.95%), created from the 2015 merger of Kraft Foods and H.J. Heinz. Kraft Heinz's dividend payment profile Are you searching for reliable, above-average dividend income? Consumer goods stocks are an ideal place to look. The world always needs food, cleaning supplies, and personal-care products, and will purchase them over ...

Kraft Heinz's NASDAQ: KHC share price has struggled with traction for years despite its turnaround, balance sheet improvements, and growth outlook. The stock is cheap, undervalued, and high-yielding, making it a perfect target for value and income investors. The latest downturn in the action is more of the same, presenting another opportunity to load up on the stock. As tepid as the price action has been, the market has sustained its trading range since 2020 and is unlikely to set a new low. Because the ana ...

The investment community will be paying close attention to the earnings performance of Kraft Heinz in its upcoming release. The company's earnings per share (EPS) are projected to be $0.74, reflecting a 6.33% decrease from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $6.63 billion, indicating a 1.42% downward movement from the same quarter last year. Our research reveals that these estimate alterations are directly linked with the stock price performan ...

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This packaged foods giant may be cooking up a turnaround. So is Kraft Heinz a buy now? Here's what you need to know. Adjusted earnings per share (EPS) of $0.69 climbed by 1.5% year over year, benefiting from a solid expansion in the adjusted gross margin, which reached 34.5% from 32.8% in the prior-year quarter. Efforts to raise pricing helped balance lower volumes while supporting profitability. Even as total revenue declined by 1.2% from Q1 2023, organic net sales fared a bit better, down by just 0.5%. Kr ...

The Kraft Heinz Company (NASDAQ:KHC) Deutsche Bank 21st Annual dbAccess Global Consumer Conference June 4, 2024 9:45 AM ET Company Participants Carlos Abrams-Rivera - CEO Andre Maciel - EVP & Global CFO Conference Call Participants Stephen Powers - Deutsche Bank Stephen Powers All right. Welcome back. Good afternoon. I'm Steve Powers. I'm Deutsche Bank's U.S. consumer staples analyst, and I am thrilled to welcome back The Kraft Heinz Company to our conference. With us today are Chief Executive Officer, memb ...

The Kraft Heinz Company (NASDAQ:KHC) Bernstein's 40th Annual Strategic Decisions Conference May 30, 2024 3:30 PM ET Company Participants Carlos Abrams-Rivera - CEO Conference Call Participants Alexia Howard - Bernstein Alexia Howard Good afternoon, everyone. It's my great pleasure to welcome Carlos Abrams-Rivera, who's the CEO of Kraft Heinz since December of last year. My name is Alexia Howard. I've been covering the U.S. packaged food group since, I think, August of 2006. For those of you in the audience ...

guvendemir Kraft Heinz (NASDAQ:KHC) needs no introduction, they are owners of a collection of iconic packaged food brands such as Heinz Ketchup, Philadelphia Cream Cheese and Kraft Mac & Cheese. Many of us have grown up with these brands and continue stocking up on them during our weekly grocery runs, no matter what. After all, we still have to eat. Traditionally this business has been practically risk-free and investors loved it. Nobody made fortunes out of it, but if you were looking for a reliable way to ...

Why might Kraft be considering selling one of its prized brands? Kraft Heinz (KHC -1.59%) is an attractive dividend stock for investors. It offers a high yield of 4.4%, which is more than three times the S&P 500 average of 1.4%. But the business hasn't been growing all that much, and with its high debt load and interest rates remaining elevated, investors haven't been keen on owning the stock in recent years. Concerns may be rising that Kraft may not be able to maintain its current dividend for the long hau ...

If it gets a good price, it could be a move that's hard to mess up. My bologna has a first name, it's O-S-C-A-R... We all recognize the famous Oscar Mayer jingle. But the brand has much more than bologna. It also has hot dogs, bacon, cold cuts, and its grab-and-go Scrambler breakfast bowls. The brand has changed hands several times in the last 40 years, ultimately coming under the Kraft Heinz (KHC -0.19%) umbrella when Kraft and Heinz merged in 2015. Oscar Mayer may be about to change hands again. According ...