+- Dividend Growth Forum (http://DividendGrowthForum.com)
+-- Forum: Dividend Growth Investing (http://DividendGrowthForum.com/forumdisplay.php?fid=15)
+--- Forum: Individual Dividend Growth Stocks (http://DividendGrowthForum.com/forumdisplay.php?fid=35)
+--- Thread: What do you think about Kraft Heinz? (/showthread.php?tid=1853)
What do you think about Kraft Heinz? - peachday - 05-28-2019
It has been going down hill since its dividend cut. It dropped over 5% to 52 weeks low of ~$29.28 today and the new dividend yield (after cut) is over 5% now.
I know it has management issues and pressure from store brands but at the end of the day KHC is still a consumer staple company and all these issues seem to be fixable. There's got to be a point in the near future (maybe a few quarters) where it makes sense to add KHC to the dividend portfolio?