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Thursday, 02/13/2020 11:37:12 AM

Thursday, February 13, 2020 11:37:12 AM

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The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per Share

7:10 am ET February 13, 2020 (BusinessWire) Print


The Board of Directors of The Kraft Heinz Company (Nasdaq: KHC) today unanimously declared a regular quarterly dividend of $0.40 per share of common stock payable on March 27, 2020, to stockholders of record as of March 13, 2020.

Today's dividend declaration is the Board's confirmation of their confidence in the turnaround plan being led by CEO Miguel Patricio and the team he has now put in place. The Board and the Management Team believe that maintaining a strong payout is an important commitment to shareholders of the company, particularly during this important period of transformation. The Company also expects to reduce leverage as it repositions itself for sustainable growth and returns.
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