Heinz Is A Good Buy; Barron’s (HNZ)

H.J. Heinz HNZ obtained 15% of its total corporate revenue from emerging markets in fiscal 2010. For its fourth-quarter of 2010, the company reported an 8.3% increase in its sales. This increase was due to the company’s exposure to international markets and improvement in the domestic market. According to Barron’s, the stock has an attractive dividend yield of 3.7%. However, the company has reported that it is looking to hike its dividend rate further. Christian Andreach, managing director of the consumer group at Manning & Napier advisors, told Barron’s, “I see a company with pretty solid positioning.”