KHC’s yield is pretty juicy right now (~6%+), which looks great on pape,but I keep going back and forth on whether it’s actually safe or just a trap.
Yeah, cash flow seems solid for now, but revenue isn’t really growing and volumes are kinda meh. If this “turnaround” takes longer than expected, do they eventually have to cut?
Wondering how everyone here is thinking about it:
legit income play you just hold and chill, or slow bleed + eventual dividend risk?