#4 – Heinz
For 21 consecutive quarters, H.J. Heinz Company (NYSE: HNZ) has been hitting on all cylinders, posting organic sales growth in each quarter. Spice things up with a 3.7% dividend, and you have a good recipe for investment success.
The driving factor behind Heinz sales and profits is that famous brand name. Customers worldwide can’t get enough of Heinz’s great brands, like Ore-Ida, Weight Watchers and of course Heinz ketchup. When investing in common stocks, it’s important to look for strong, consistent cash flows that can be used to pay out generous dividends to you. Heinz’s cash flow in the second quarter was up nearly 80% from the year-earlier quarter. Heinz used its cash this year to reward shareholders with a 7% increase in dividends.
My relative strength analysis shows that Heinz outperformed the S&P 500 by 40% over the last five years. That means HNZ is a tasty addition to your portfolio.