NSRGY - Kraft Heinz: 7% Dividend Yield That Is Insulated From The Fallout The Coronavirus Crisis Will Have
Article Thesis
The global rise of cases of the new coronavirus has led to a rise of regulation aimed at increasing social distancing. These measures, such as the closing of bars and restaurants, or cancellations of concerts and sports events, have huge negative implications for many industries.
Consumer staple companies, however, will not see demand for their goods decline, as consumers still need items for their daily lives, even during the current crisis. This is also true for Kraft Heinz's (KHC) offerings, and due to people being forced to eat at home, sales