Skip to main content


Dow Jones Industrial Average



) is trading down 26.0 points (-0.2%) at 12,476 as of Tuesday, Jun 26, 2012, 10:35 a.m. ET. During this time, 139.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 704.1 million. The NYSE advances/declines ratio sits at 1,281 issues advancing vs. 1,500 declining with 184 unchanged.

  • ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!

Wednesday, June 27, 2012 is the ex-dividend date for Dow component

Kraft Foods



). Owners of shares as of market close today will be eligible for a dividend of 29 cents per share. At a price of $38.19 as of 10:35 a.m. ET, the dividend yield is 3% compared to the average Dow component yield of 2.8%.

TheStreet Recommends

The average volume for Kraft Foods has been 9.3 million shares per day over the past 30 days. Kraft Foods has a market cap of $68.88 billion and is part of the

consumer goods

sector and

food & beverage

industry. Shares are up 3.9% year to date as of Monday's close.

Kraft Foods Inc., together with its subsidiaries, manufactures and markets packaged food products worldwide. The company has a P/E ratio of 19.5, above the average food & beverage industry P/E ratio of 19.4 and above the S&P 500 P/E ratio of 17.7.

  • Practice your dividend trading strategies and win cash in our stock game.

TheStreet Ratings rates Kraft Foods as a


. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.