03-25-2015, 08:22 AM
(03-25-2015, 01:29 AM)navyasw02 Wrote: I dont understand what you're saying here. KRFT just got a nice little 16% bump based on this news.
It was half tongue-in-cheek.
The consumer staples sector staples sector is often considered one of the foundations of dividend growth investing. This is because they produce products people will still buy in a recession. KRFT, despite facing some headwinds, has been paying dividends since being split off from MO and at a pretty good yield. Most of the "good" foodie companies left, SJM/HRL/MKC/HSY, have a pretty low yield. SYY has had many headwinds of late.
Buffet bought Heinz a few years ago which was also pretty steady-eddie with their dividends but he's also stated he will never pay dividends from BRK.x.
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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