05-28-2019, 12:09 PM
It has been going down hill since its dividend cut. It dropped over 5% to 52 weeks low of ~$29.28 today and the new dividend yield (after cut) is over 5% now.
I know it has management issues and pressure from store brands but at the end of the day KHC is still a consumer staple company and all these issues seem to be fixable. There's got to be a point in the near future (maybe a few quarters) where it makes sense to add KHC to the dividend portfolio?
I know it has management issues and pressure from store brands but at the end of the day KHC is still a consumer staple company and all these issues seem to be fixable. There's got to be a point in the near future (maybe a few quarters) where it makes sense to add KHC to the dividend portfolio?