09-23-2014, 08:41 PM
jcirafix, I own both -- GIS in my portfolio and KRFT in my wife's. I'm in the process of re-evaluating them and won't hazard an opinion right now. Both are long-term holds currently but wouldn't add new money into either just yet. Of course, this ignores your circumstances and time frames you're looking at.
GIS has been paying a dividend without a cut for almost a century, I believe, but they have frozen it at times. Kraft was spun off from Altria and spun off Mondelez after that so it's really the new kid on the block as a standalone company. I will say that if you look in my kitchen and go to the grocery store, you'll see their products all over the place.
For more information, you may want to look at Factoids blog over at Seeking Alpha for a pile of stats in this sector. He just posted a new one here.
I would also recommend going to KRFT's IR site and check out the video of their investor presentation if it's still available. Management has laid out an interesting plan.
GIS has been paying a dividend without a cut for almost a century, I believe, but they have frozen it at times. Kraft was spun off from Altria and spun off Mondelez after that so it's really the new kid on the block as a standalone company. I will say that if you look in my kitchen and go to the grocery store, you'll see their products all over the place.
For more information, you may want to look at Factoids blog over at Seeking Alpha for a pile of stats in this sector. He just posted a new one here.
I would also recommend going to KRFT's IR site and check out the video of their investor presentation if it's still available. Management has laid out an interesting plan.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan