KHC
Consumer Staples
Kraft Heinz's 7% Yield Is Priced For A Dividend Cut The Cash Flow Doesn't Support (KHC)
Kraft Heinz's 7.1% dividend yield is pricing in a cut that 1.9x free cash flow coverage doesn't support. New CEO Steve Cahillane's $600M investment cycle follows the same playbook that worked at Kellogg's.