Tuesday, June 23, 2015

Best Dividend Companies To Buy For 2016

Best Dividend Companies To Buy For 2016: H.J. Heinz Company (HNZ)

H. J. Heinz Company manufactures and markets food products for consumers, and foodservice and institutional customers in North America, Europe, the Asia Pacific, and internationally. The company primarily offers ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant nutrition, and other food products. It sells its products through its sales organizations, independent brokers, agents, and distributors to chain, wholesale, cooperative, and independent grocery accounts; convenience stores; bakeries; pharmacies; mass merchants; club stores; foodservice distributors; and institutions, including hotels, restaurants, hospitals, health-care facilities, and government agencies. The company was founded in 1869 and is based in Pittsburgh, Pennsylvania.

Advisors' Opinion:
  • [By Dan Carroll]

    Pediatric nutritional products, in particular, are growing at a fast clip. The business grew worldwide sales by a whopping 20% in the quarter, strong growth for what's become a hot market around the world. Competition waits for Abbott, particularly in the Latin American market, where Heinz (NYSE: HNZ  ) has particularly been successful in growing baby food sales in countries such as Mexico.

  • [By Eric Volkman]

    It's official: Warren Buffett is the new Master of Ketchup. In a special meeting convened for the purpose, H.J. Heinz (NYSE: HNZ  ) stockholders today voted overwhelmingly in favor of being acquired by a consortium led by the veteran investor Berkshire Hathaway (NYSE: BRK-A  ) (NYSE: BRK-B  ) . Roughly 95% of the votes, representing around 60% of Heinz's outstanding stock, were in support of the buyout.

  • source from Top Stocks For 2015:http://www.topstocksblog.com/best-d! ividend-companies-to-buy-for-2016.html

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