Kraft Heinz Company (NASDAQ:KHC) Announces Quarterly Dividend of $0.40

Kraft Heinz Company (NASDAQ:KHC) declared a quarterly dividend on Wednesday, February 11th. Shareholders of record on Friday, March 6th will be given a dividend of 0.40 per share on Friday, March 27th. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Friday, March 6th.

Kraft Heinz has a payout ratio of 59.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Kraft Heinz to earn $2.82 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 56.7%.

Kraft Heinz Trading Up 0.4%

Shares of NASDAQ KHC traded up $0.09 during midday trading on Wednesday, hitting $24.99. The company’s stock had a trading volume of 37,703,287 shares, compared to its average volume of 17,312,850. The firm has a market cap of $29.58 billion, a P/E ratio of -6.70 and a beta of 0.08. The company has a current ratio of 1.13, a quick ratio of 0.73 and a debt-to-equity ratio of 0.46. Kraft Heinz has a 12-month low of $21.99 and a 12-month high of $33.35. The business’s 50 day moving average is $24.00 and its two-hundred day moving average is $25.37.

Kraft Heinz (NASDAQ:KHC) last released its earnings results on Wednesday, February 11th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06. Kraft Heinz had a negative net margin of 17.35% and a positive return on equity of 7.26%. The company had revenue of $6.35 billion for the quarter, compared to the consensus estimate of $6.38 billion. During the same quarter in the previous year, the firm earned $0.84 EPS. Kraft Heinz’s revenue was down 3.4% compared to the same quarter last year. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. As a group, equities research analysts expect that Kraft Heinz will post 2.68 EPS for the current year.

About Kraft Heinz

The Kraft Heinz Company (NASDAQ: KHC) is a global food and beverage company formed in 2015 through the merger of Kraft Foods Group and H.J. Heinz Company. The combination created one of the largest packaged-food companies in the world, built around well-known consumer brands. The merger was supported by major investors and established a multi-national platform for branded food products.

Kraft Heinz develops, manufactures, markets and distributes a broad portfolio of branded packaged foods and condiments.