10 Best Dividend Leaders to Buy Now

6. The Kraft Heinz Company (NASDAQ:KHC)

Number of Hedge Fund Holders: 46

The Kraft Heinz Company (NASDAQ:KHC) is one of the best dividend leaders to buy now. The company was once a classic income stock known for regularly raising its dividend. When Kraft merged with Heinz in 2015, they formed one of the largest consumer goods companies, initially maintaining a strong dividend strategy.

Dividends rose during the first three years after the merger, but then The Kraft Heinz Company (NASDAQ:KHC)  drastically cut its dividend. Several high-profile brand acquisitions didn’t deliver the expected profits, leading the company to tighten its dividend policy to preserve cash.

Since early 2019, the quarterly dividend has remained fixed at $0.40 per share. That said, its cash flows are increasing, which provides a positive outlook for its dividends. The company’s operating cash flow has jumped from $2.46 billion in 2022 to $4.1 billion in 2024. Similarly, free cash flow grew from $1.5 billion in 2022 to $3.02 billion last year. Due to this cash flow, the company remained committed to its shareholder value, returning $477 million through dividends in the first quarter of 2025.

The Kraft Heinz Company (NASDAQ:KHC) pays a quarterly dividend of $0.40 per share and has a dividend yield of 6.17%, as of June 23.