03-25-2015, 09:47 PM
(03-25-2015, 08:22 AM)Dividend Watcher Wrote:(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.
Ah ok I gotcha. I missed out on this one, it was on my wishlist for when funds freed up. Bad timing again...