Company: The Kraft Heinz Company (KHC)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm’s portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm also operates a growing presence in the foodservice arena. Outside North America, Kraft Heinz’s global reach counts a distribution network in Europe and emerging markets that drives about 25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.
Symbol: KHC
Recent Price: $35.06
Dividends: $1.60
Yield: 4.56%
Sector: Consumer Defensive
Industry: Packaged Foods
Address & Company Phone #: One PPG Place Pittsburgh PA 15222, 412-456-5700
Transfer Agent: Equiniti Group plc. 855-598-5493
Moody’s Rating: NR
Minimum & Maximum Investment: $25 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $250
Fees: Div.: 5% of amount invested up to $5 Max+12¢/sh. Cash: $3.50+12¢/sh. Cert: Sells: by Mail, Phone or Internet for $20+15¢/sh.
52 Week High & Low: $41.47, $30.68