14 Best Food Dividend Stocks To Buy According to Analysts

11. The Kraft Heinz Company (NASDAQ:KHC)

Analyst Upside Potential as of October 5: 8.6%

The Kraft Heinz Company (NASDAQ:KHC) is one of those food companies everyone’s familiar with. Most people have at least one of their products at home, including things like Kraft Mac & Cheese or Jell-O, which have been around for ages. It’s a huge name in the packaged food world and, because people always need to eat, the business tends to stay stable even when the economy wobbles.

In the last few years, The Kraft Heinz Company (NASDAQ:KHC) has tried to zero in on a few main goals. It wants to grow more in developing markets, keep a tighter grip on what it spends for raw materials and packaging, and use its strong brands to stay competitive. A lot of that comes down to good marketing, running its supply chain efficiently, and keeping products fresh enough that people still want to buy them.

For now, most eyes are on how things are going in North America. Both management and investors have been watching sales volumes and trying to gauge whether programs like the Brand Growth System are actually moving the needle.

Though The Kraft Heinz Company (NASDAQ:KHC) isn’t much favored by investors, its dividend yield of 6.17%, as recorded on October 5, is hard to ignore. In addition, the company has been making regular dividend payments for years. Its quarterly dividend now comes in at $0.40 per share.