A Stock That Has Been Ignored
Kraft Heinz (KHC) shares have been left out in the cold by investors in the past several months as the company continues to struggle with volumes amid ever-shifting consumer tastes. A laser focus on cost controls has afforded KHC better margins, but investors clearly haven't moved past its volume problems, which continued with Q1's 1.5% decline in organic sales. However, investors buy stocks like KHC often primarily for the dividend, and with the recent price declines we've seen in KHC, its yield is now up to a very robust 4.2%. The key question then becomes whether or not the yield is safe and as of now, I believe it is; allow me to demonstrate.
