Published November 5, 2015 4:13pm EST | Updated November 5, 2015 5:06pm EST

Kraft Heinz Increases Quarterly Dividend 4.5%

The Kraft Heinz Company will increase its quarterly dividend about 4.5% to 57.5 cents per share, according to a release. The prior rate was 55 cents. This dividend is payable on Nov. 20 to shareholders of record as of Nov. 16. Kraft Heinz shares are down 6.3% over the past three months while the S&P is flat for the same period.