
The Kraft Heinz Company (KHC) stock looks cheap to value investors with its annual 5.40% dividend yield. That is well over its historical average, while the dividend payment has remained stable. This implies KHC stock is worth much more. Moreover, short-put yield plays are attractive.
KHC is at $29.59 in midday trading on Monday, April 14. That is well below a recent peak of $32.22 on March 10, but up from a recent low of $27.69 on April 8.