Word: krafts
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Dates: during 2000-2009
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ROBERT ECKERT Kraft Foods exec gets top job at Mattel. Perk: gets chauffeured to work in Hot Wheels limo...
...choice seems almost masochistic. Forget your wife on Valentine's Day, and you'd still be more popular than a tobacco stock. That's why the stock (MO) has fallen from $60 to $20 in just over a year. Consider: the company's huge, profitable and well-regarded Kraft food division would trade higher than that if it were standing alone. Yet Philip Morris' earnings are on track, and the dividend yield is a mind-boggling 9.7%. Normally, a yield that high suggests the dividend may be cut. Philip Morris raises it, habitually, every August...