May 24, 2024
Could This Be a Red Flag for Kraft Heinz Stock and Its Dividend?
Kraft Heinz (NASDAQ: KHC) is an attractive dividend stock for investors. It offers a high yield of 4.4%, which is more than three times the S&P 500 average of 1.4%. But the business hasn't been growing all that much, and with its high debt load and interest rates remaining elevated, investors haven't been keen on owning the stock in recent years.