5 Best NASDAQ Stocks to Buy for Dividends

2. The Kraft Heinz Company (NASDAQ:KHC)

Number of Hedge Fund Holders: 60

Dividend Yield as of June 25: 6.82%

The Kraft Heinz Company (NASDAQ:KHC) is the third-largest food and beverage company in North America and the fifth-largest food and beverage company in the world.

On June 18, The Kraft Heinz Company (NASDAQ:KHC) announced that it would reorganize its global operating structure into three regions effective July 1, to help drive growth, sharpen focus, and more effectively deploy resources across its portfolio of iconic brands. The three regions will be North America (NA), Europe and Pacific Developed Markets (EPDM), and Emerging Markets (EM). Under the new structure, the company will combine Asia Emerging Markets and West and East Emerging Markets into one Emerging Markets Region.

Kraft Heinz announced that the appointment of Marcel Regis will lead the new Emerging Markets region, while Willem Brandt will continue to serve as Regional President of EPDM, and Nico Amaya will continue to lead North America. Moreover, the company will combine Procurement and Supply Chain into one central function under Janelle Aydin.

Steve Cahillane, CEO of The Kraft Heinz Company (NASDAQ:KHC) commented:

“We are building momentum across many areas of the business, and this regional structure will help us meaningfully accelerate and scale our progress. Additionally, combining Procurement and Supply Chain into one central function allows us to more effectively manage our end-to-end value chain and strengthen supply chain resilience. As a company, we are proving that iconic brands can evolve, scale and win. This new structure positions Kraft Heinz to unlock the full potential of our portfolio and drive sustainable, volume-led growth across our global business.”