The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per Share
"We believe this action will help us accelerate our deleveraging plan,
provide us strategic advantage through a stronger balance sheet, support
commercial investments and set a payout level that can both grow over
time and accommodate additional divestitures. By doing this we can
improve our growth and returns over time,” said
ABOUT THE
For 150 years, we have produced some of the world’s most beloved
products at The
Forward-Looking Statements
This press release contains a number of forward-looking statements. Words such as “improve,” “manage,” “return,” “accelerate,” “strengthen,” “commit,” “plan,” "believe," "anticipate," "reflect," "invest," "make," "expect," "deliver," “develop,” "drive," "assess," "evaluate," “establish,” “re-establish,” “accelerate,” “provide,” “accommodate,” “consider,” “focus,” “build,” “turn,” “expand,” “leverage,” "grow," "remain," "will," and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements regarding the Company's plans, costs and cost savings, taxes, expectations, investments, dividends, divestitures, impairments, innovations, opportunities, capabilities, execution, initiatives, pipeline, and growth. These forward-looking statements are not guarantees of future performance and are subject to a number of risks and uncertainties, many of which are difficult to predict and beyond the Company's control.
Important factors that may affect the Company's business and operations
and that may cause actual results to differ materially from those in the
forward-looking statements include, but are not limited to, operating in
a highly competitive industry; the Company’s ability to predict,
identify, and interpret changes in consumer preferences and demand, to
offer new products to meet those changes, and to respond to competitive
innovation; changes in the retail landscape or the loss of key retail
customers; changes in relationships with significant customers or
suppliers; the Company’s ability to maintain, extend, and expand its
reputation and brand image; the Company’s ability to leverage its brand
value to compete against private label products; the Company’s ability
to drive revenue growth in its key product categories, increase its
market share, or add products that are in faster-growing and more
profitable categories; product recalls or product liability claims;
unanticipated business disruptions; the Company’s ability to identify,
complete or realize the benefits from strategic acquisitions, alliances,
divestitures, joint ventures or other investments; the Company’s ability
to realize the anticipated benefits from prior or future streamlining
actions to reduce fixed costs, simplify or improve processes, and
improve its competitiveness; the execution of the Company’s
international strategic initiatives; the impacts of the Company’s
international operations; economic and political conditions in
View source version on businesswire.com: https://www.businesswire.com/news/home/20190221005858/en/
Source: The
Michael Mullen (media)
Michael.Mullen@kraftheinz.com
Christopher Jakubik, CFA (investors)
ir@kraftheinz.com