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Barchart
Barchart
Mohit Oberoi

This Dividend Stock Yielding 6% Trades Near COVID-19 Lows: Time to Buy?

While the stock market has closed up in four of the last five years and the S&P 500 Index ($SPX) has recouped its 2025 losses to turn green for the year, Kraft-Heinz (KHC) is trading at levels last seen during the 2020 market crash when stocks plunged amid the COVID-19 pandemic.

Thanks to the slide in KHC stock, its dividend yield has soared to a juicy 6%. The consumer staples giant counts Warren Buffett-led Berkshire Hathaway (BRK.B) as its biggest shareholder, even though the legendary value investor hasn’t made money in the stock and admitted to overpaying for the company.

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