Monday, December 16, 2013

Recent Buy - Kraft (KRFT)

Today I added to my position in the food giant Kraft (KRFT). This is my second purchase in a row where I purchased Kraft. I had saved enough capital to make another purchase before the ex-div date. The stock has come down from the mid $54 range recently and is looking attractive, it was time to grab up some more. Today's purchase was 22 shares at a price of $52.65, so in addition to my last purchase of KRFT I now have a total of 43 shares. I'm looking forward to my next purchase now which will likely be KMI but we'll see how things go.

 Kraft Foods Group, Inc. (Kraft Foods Group) operates food and beverage businesses in North America. The Company manufactures and markets food and beverage products, including convenient meals, refreshment beverages and coffee, cheese and other grocery products, in the United States and Canada, under a stable of iconic brands. Its product categories span breakfast, lunch and dinner meal occasions, both at home and in foodservice locations. The Company sells its products to supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, drug stores, gasoline stations, value stores and other retail food outlets in the United States and Canada.



KRFT Basic Statistics

  • Ticker Symbol: KRFT
  • PE Ratio: 17.02
  • Yield: 4%
  • Dividend Growth 10yr: 6.4%
  • Payout Ratio: 48%
  • Market cap: $31 B
  • Website: http://www.kraftfoodsgroup.com

Dividend Growth Rate

6 comments:

  1. Where do I see the ex dividend dates of companies? For example kraft?

    ReplyDelete
    Replies
    1. There's a few that I use to see the ex-div dates. Yahoo finance is the one I usually use, after you enter a stock symbol then you can get the dividend information under "key statistics". Here's an example ...

      http://finance.yahoo.com/q/ks?s=BA+Key+Statistics

      Just off the top of my head dividend.com is another, although it's a pay site you can get some of the dividend information like the next ex-div date. Example ....

      http://www.dividend.com/dividend-stocks/industrial-goods/aerospace-defense-major-diversified/ba-boeing-co/

      Dailyfinance is yet another ...

      http://www.dailyfinance.com/quote/nyse/the-boeing-company/ba

      Hope that helps

      Delete
  2. Nice buy. I was especially happy when they increased the dividend one quarter ahead of expectations; looks like mgt will be very shareholder friendly. And in case you didn't see it, they recently announced a 3 billion dollar stock repurchase program.

    ReplyDelete
    Replies
    1. That was announced the same day I made my purchase so that was a nice surprise. It's nice to see management with a commitment to return capital to it's shareholders.

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  3. So far they sure are showing signs of a great dividend stock. The buy back is another great step to give back to shareholders.

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    ReplyDelete