Heinz's New Thinking May Translate Well
Posted on January 14, 2010 at 17:59 PM EST
Condiment king Heinz (HNZ) offers investors in its stock a dividend with an annualized yield of 3.9%. There may be a growth opportunity in the company as it emerges from a shake-up in management philosophy. The changes were made a few years ago, but Robert Moskow, an analyst at Credit Suisse, says these types of changes take a while to trickle down and materialize. "They've invested in management talent, as opposed to the past, which was a