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The Kraft Heinz Company (NASDAQ:KHC) is included among the 11 High-Yield Dividend Stocks for Steady Cash Flow.
The Kraft Heinz Company (NASDAQ:KHC), along with its subsidiaries, produces and sells food and beverage products both in North America and across global markets. On October 20, UBS reaffirmed its Neutral rating and maintained a $27 price target for the stock ahead of the company’s third-quarter earnings release scheduled for October 29.
UBS described the current setup before earnings as “tricky,” pointing out that while market attention has shifted toward the company’s upcoming corporate split, investors are still uneasy about the company’s weak fundamentals, which have yet to show signs of recovery. The firm expects the third quarter to be difficult, citing two main concerns: persistent weakness in US sales trends, which have further declined, and ongoing margin pressures that are unlikely to ease.
The report noted that The Kraft Heinz Company (NASDAQ:KHC) shares have continued to lag behind since the second-quarter results, even though the stock appears undervalued relative to its historical averages. UBS said it plans to remain on the sidelines until there is clearer evidence of improving fundamentals or stronger confidence that the upcoming split will create meaningful shareholder value.
Despite these challenges, The Kraft Heinz Company (NASDAQ:KHC) continues to attract income-focused investors through its reliable and consistent dividend payments. The company offers a quarterly dividend of $0.40 per share and has a dividend yield of 6.25%, as of October 21.
While we acknowledge the potential of KHC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Best Beaten Down Dividend Stocks to Buy Right Now and 15 Dividend Stocks That Have Raised Payouts for 20+ Years
Disclosure: None.
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Smucker vs. Trader Joe's, Lululemon vs. Costco: Fight Over Brands Goes to Court
KHC
The Wall Street Journal
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