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This High-Yield Stock Is Still Trying to Fix Its Most Important Brand

TheMotleyFool

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VF Corporation (NYSE: VFC) is offering dividend investors a hefty 6.8% yield, well above the 1.6% or so you could get from an S&P 500 index exchange-traded fund.

However, before jumping into this company, which owns an iconic collection of clothing brands, investors should step back and dig into the numbers just a little bit. There is one very big problem that remains a lingering headwind.

VF, formerly known as Vanity Fair, once owned the relatively boring jeans-centric brands Lee, Wrangler, and Rock & Republic. However, it spun those businesses off as Kontoor Brands (NYSE: KTB) so that it could focus on its more fashion-oriented brands, including Vans, The North Face, Timberland, and Dickies.

Source Fool.com

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