Cheap Dividend Stocks With Defensive Characteristics: Spotlight on The Kraft Heinz Company (KHC)

The Kraft Heinz Company (NASDAQ:KHC) is included among the 13 Incredibly Cheap Dividend Stocks to Invest in.

Cheap Dividend Stocks With Defensive Characteristics: Spotlight on The Kraft Heinz Company (KHC)

The Kraft Heinz Company (NASDAQ:KHC) is a global producer and distributor of food and beverages, offering a wide range of products such as cheese, sauces, cold cuts, and ready-to-eat meals. Its portfolio includes some of the most recognizable names in the food industry, along with private-label and regional offerings.

In recent years, the company has focused on three key areas: expanding in emerging markets, controlling raw material and packaging expenses, and strengthening its brands through its extensive trademark portfolio. Achieving these goals relies on strong marketing, efficient supply chain operations, and continuous product innovation. Investors and management have been particularly attentive to sales volumes in North America and the results of initiatives like the Brand Growth System.

The Kraft Heinz Company (NASDAQ:KHC) is one of the best dividend stocks on our list, and the company offers a quarterly dividend of $0.40 per share. The stock supports a dividend yield of 6.06%, as of September 19.

While we acknowledge the potential of KHC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than KHC and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 13 Best High Dividend Stocks to Buy Under $100 and Dividend Stock Portfolio For Income: 12 Stocks to Buy Now.

Disclosure: None.