Top 10 High Dividend Yielding Consumer Defensive Stocks To Buy

4. The Kraft Heinz Company (NASDAQ:KHC)

The Kraft Heinz Company is a marketer and manufacturer of food and beverage products. The company’s products include cheese and dairy products, refreshment beverages, meals, coffee, condiments and sauces, meats, and other grocery products.

KHC currently offers an appealing dividend yield of 5.42% to its shareholders. The company paid $1.9 billion in dividends and bought back shares worth $800 million during the last year. As a consistent dividend payer with an attractive dividend yield, this stock continues to attract income-oriented investors.

KHC announced the launch of Crystal Light Vodka Refreshers at the start of this month. The Vodka Refresher is a low-calorie, zero-sugar beverage. It will be available in the Lemonade and Wild Strawberry flavors with an alcohol content of 3.8% by volume. Crystal Light Vodka Refreshers will be available this month at select retailers in the Northeast U.S., with plans for a wider launch, new flavors, and multipack options in 2026.

Director of Beverage Mixes at Kraft Heinz, Jeremy Kross, shared his thoughts by saying:

“With tens of millions of social media videos showcasing creative ways to mix Crystal Light into cocktails, creating a delicious lower-calorie vodka refresher was a natural step for us.”

The 5-year average dividend yield for KHC is 4.48%, so the stock is currently available at a discount for income investors, with the added benefit of share buybacks.