5 Stocks that Helped Warren Buffett Make $4.6 Billion in Dividends

4. The Kraft Heinz Company (NASDAQ: KHC)

Number of Hedge Fund Holders: 33
Dividend Yield: 4.33%
Dividend Income Contributed: $521 million

The Kraft Heinz Company (NASDAQ: KHC) is a food and beverage co company offering its products in the US, Canada, the UK, and across the globe. The company ranks 4th on our list of dividend stocks that helped Warren Buffett make $4.6 billion in dividends. Its products include condiments and sauces, appetizers, cheese and dairy, meals, meat, seafood, and a range of similar items.

As of this May, DZ Bank has a Hold rating on shares of The Kraft Heinz Company (NASDAQ: KHC).

In the second quarter of 2021, The Kraft Heinz Company (NASDAQ: KHC) had an EPS of $0.78, beating estimates by $0.06. The company’s revenue was $6.62 billion, beating estimates by $65.74 million. The Kraft Heinz Company (NASDAQ: KHC) has gained 7.95% year to date and 4.29% in the past year.

By the end of the second quarter of 2021, 33 hedge funds out of the 873 tracked by Insider Monkey held stakes in The Kraft Heinz Company (NASDAQ: KHC) worth roughly $14 billion. This is compared to 33 hedge funds in the previous quarter with a total stake value of approximately $13.3 billion.