Why Warren Buffett Bet Big on Kraft Heinz
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Kraft Heinz is one of Berkshire Hathaway's largest positions and provides a good example of the types of businesses Warren Buffett likes to buy.
The company last increased its dividend by 4.5%, but has room for potentially stronger growth rates as merger cost synergies and debt refinancing lift earnings over the next few years.
Is Kraft Heinz a buy for long-term dividend growth investors?
Kraft Heinz (NASDAQ:KHC) maintains a wonderful portfolio of brands, sells recession-resistant products, generates dependable free cash flow, and is taking steps to further bolster its margins and earnings.
These are important qualities for companies included in the Top 20 Dividend Stocks portfolio, so let's see if Kraft Heinz can make the cut.
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