Motley Fool: Kraft Heinz's Dividend Dollars

Motley Fool: Kraft Heinz's dividend dollars

When food manufacturer Kraft merged with condiments titan Heinz in 2015, it created Kraft Heinz (Nasdaq: KHC), one of the world’s largest consumer goods companies. The new company started off with a strong dividend plan, and payouts increased in each of the first three years – but then Kraft Heinz slashed them to the bone. Some of its splashy food-brand buyouts turned out to be less profitable than expected, forcing the company to conserve cash w

Kraft Heinz Seek to Undo 2015 Mega-Merger in Effort to Revive Old Brands

Kraft Heinz’s (KHC.O), potential spinoff of slower-growing brands such as Velveeta cheese is a risky last-ditch effort to boost returns by reversing its unsuccessful decade-old merger. The Chicago- and Pittsburgh-based foodmaker is studying a potential spinoff of a large chunk of its grocery business, including many Kraft products, into a new entity, a source said on July 11, confirming a report in the Wall Street Journal. That entity could be v…