Is Kraft Heinz's 4.8% Dividend Yield Safe?
High-yielding dividend stocks can be attractive options for investors. Their payouts can generate a lot of recurring income and boost overall returns from owning the stock.
But anytime a yield is around 5%, it's worth asking whether it's safe, because the last thing you want is to buy a stock for its dividend, only for the payout to be cut in the near future.
Kraft Heinz (NASDAQ: KHC) pays a high dividend that yields about 4.8% today. And it wasn't all that long ago that the popular food company cut its payout in order to bring it down to a more manageable level.
Source Fool.com
