The Kraft Heinz Company kept its quarterly dividend unchanged at $0.40 per share, extending a payout freeze that has lasted since February 2019. The company generated $2.1 billion in operating cash flow during the first half of 2026, up 8.2% year over year, and free cash flow rose 10.3% to $1.7 billion, with about $0.9 billion returned to shareholders through dividends. Kraft Heinz now expects organic net sales to decline between 0.5% and 2.0% in 2026, an improvement from its prior forecast of a 1.5% to 3.5% decline, and adjusted earnings per share are projected at $2.03 to $2.09. At the midpoint of that guidance, the $1.60 annual dividend represents a payout ratio of roughly 77%, which management considers manageable but leaves limited room for a meaningful increase. The company plans to invest about $700 million in 2026 across marketing, research and development, and new products, prioritizing brand investment over dividend growth.
The Kraft Heinz CompanyDividend kept at $0.40 with payout ratio ~77%, limiting growth; organic sales still expected to decline.
