All Weather Stocks - Heinz Is Committed to Increasing Dividends

Heinz (HNZ), a food company known for Heinz® Ketchup, Ore-Ida® and Weight Watchers® brands, has consistently traded well above its 10-year moving average (based on monthly closes). From June 1990 through June 2009, HNZ was up 316.57 percent, a 7.80 percent annualized rate of return.

Heinz has a long history of increasing its quarterly dividend, but the company cut its dividend in 2003 to pay for increased marketing costs to promote remaining brands after it spun off slow-growing brands to Del Monte (DLM). HNZ shareholders received shares of Del Monte from the spin-off. Since 2003, HNZ has increased its quarterly dividend from $0.27 to $0.42, a 55.55 percent increase (7.64 percent annualized rate of return).

Since June 1990, HNZ has increased its quarterly dividend from $0.16 to $0.42, a 162.50 percent increase (5.21 percent annualized rate of return).

Its current dividend yield is 4.70 percent.

The combination of a persistent upside stock prices and increasing dividends makes HNZ an excellent candidate for a long-term dividend reinvestment portfolio.

To get more performance information about HNZ, use the buyupside.com Stock Return Calculator. Enter HNZ as the stock symbol on the calculator input form.

Follow Heinz on buyupside.com each day to spot tops and bottom with the Price Direction Indicator (PDI).

See the buyupside.com Dividend Chart Maker to view more dividends charts for HNZ and other dividend-paying stocks.

I (RAH) do not own HNZ.

Posted July 4, 2009.

All Weather Stocks - Heinz Is Committed to Increasing Dividends

All Weather Stocks - Heinz Is Committed to Increasing Dividends