Kraft Foods Group Shares Are New In Our Dividend Yield Passive Income Portfolio

Kraft Foods Group (KRFT)New Dividend Stock For The Passive Yield Income Portfolio Last Friday I put 40 Kraft Foods Group shares into the dividend yield passive income portfolio (DYPI) at cost of $44.41 per share. The total amount was $1,778. Kraft Foods is the major diversified food company within in the United States. Roughly 20% of sales are generated outside the United States. The shares are weighted at 1.7% of the total yield income portfolio and they will generate an annualized dividend income of 76 bucks per year. The total income is now around $700 per year. My investment costs were $18,000 and the yield on cost is 3.68%. The portfolio was funded with $100,000 virtual, 3 months before and has now 13 stock holdings. I tried to put every Friday one stock into the portfolio. The efforts are not very high. The stock has normally a strong brand and good dividends or s...