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Learn more about Kraft Foods Group, Inc. on:
Kraft Foods Group Inc. (KRFT) manufactures and markets packaged food products in the United States. Its offerings consist of snacks, beverages, cheese and dairy products, desserts, frozen pizza, packaged dinners, and processed meats. The company's famous brands include Oreo, Nabisco, Trident, Maxwell House, and Oscar Mayer. Kraft was established in 1903 and is headquartered in Northfield, Illinois. The company was split from its international operations in October 2012. Kraft operates in a highly competitive industry. As well, Kraft accounts for almost half of its revenues from its five largest buyers. A loss of a large buyer can affect Kraft’s business in a significant manner. Kraft started paying a dividend in 2012. It increased its dividend in 2013, and it has remained stable since then. Kraft pays its dividend quarterly.