5 Real American Dividend Heroes

These great American companies also are solid payout performers

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H.J. Heinz

HJHeinzLogo e1288367281487 5 Real American Dividend HeroesAnother food company? Why not? Consumers might grumble about the rising costs of food, but none of them ever actually stop eating. Besides, H.J. Heinz (NYSE:HNZ) has been put on several media pedestals of late, for reasons above and beyond the sweet cash payout.

For instance, Fitch recently upped Heinz’ credit rating to BBB+, Jim Cramer recommended it, and billionaire Nelson Peltz is holding a huge chunk of it in his portfolio specifically because of the dividend. That’s a lot of tacit endorsement.

Even more compelling is the actual yield. HNZ is paying out 3.7% of its value. The current quarterly payout of 48 cents leaves behind more than a 20-year trail of rising payouts.

Article printed from InvestorPlace Media, http://investorplace.com/2012/07/5-real-american-dividend-heroes-cag-dd-etr-hnz-ubsi/.

©2015 InvestorPlace Media, LLC

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