SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dividend investing for retirement

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rnsmth who wrote (29175)5/6/2018 4:39:27 PM
From: Kip S  Read Replies (3) of 34328
 
Ron, are you willing to post the dividend safety number for KHC? I have held, first Kraft, then Kraft Heinz for a number of years, but I am getting pretty uneasy with it. I always thought it did not “deserve” a price in the 90s and up to 100, but the drop to the mid-50s is a bit unnerving. Also, a very tepid (at best) earnings report demonstrated very low/negative sales growth once again.

At 55-ish, I have seen a few analysts and writers contend the decline is now overdone. I am probably OK for now with KHC’s slow divi growth if they can do something to start expanding their sales, but there is very little evidence of that yet.

I am pretty sure you pay less attention to prices of your holdings than I do, but I use prices as at least something of an indicator of company health.

Anyone else have any thoughts here? I am at least thinking about getting rid of my KHC, paying taxes on the gain I have and dumping the proceeds into another unloved food or consumer discretionary stock—maybe PEP or more CLX, but I don’ like to sell out positions. After all, maybe the horse has already left the barn with respect to KHC (meaning it’s already fallen in price). All thoughts/ideas welcome.

Kip
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext