Cramer Likes Heinz's (HNZ) 4% Yield, Would Be a Buyer Right Now

On today's segment of Stop Trading!, Jim Cramer said he would be a buyer of HJ Heinz (NYSE: HNZ) right now. Cramer likes Heinz's 4% dividend yield ($0.41/share quarterly) and said he doesn't understand how the company can stay independent as its stock price continues to drop. In October alone, shares of Heinz are down about 19% from over $50 to around $40.50 today. The stock is down about 3% today.

H. J. Heinz Company, together with its subsidiaries, engages in the manufacture and marketing of food products for consumers, and foodservice and institutional customers.

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