Heinz Higher On Earnings News

Filed under: Earnings Reports, Campbell Soup (CPB), ConAgra Foods (CAG)

H.J. Heinz Company (HNZ), a food concern famous for its ketchup product and whose colleagues include ConAgra (CAG) and Campbell Soup (CPB), closed today's session higher by 1.4%. The final quote of $49.66 isn't far at all from the 52-week high of $50.77. Is the stock a buy?



You know, there's a very interesting element to this story, and it has to do with the dividend yield. Right now, Heinz's yield is 3.6%. That's pretty awesome. You've got take notice of a stock that is both near a 52-week high and possessive of a lofty yield.

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Heinz Higher On Earnings News originally appeared on BloggingStocks on Thu, 03 Mar 2011 18:00:00 EST. Please see our terms for use of feeds.

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