WK Kellogg Co's dividends, although covered by profits, didn...
WK Kellogg Co's dividends, although covered by profits, didn't generate enough cash for payment, posing a risk to its dividend maintenance. The company's flat earnings per share and payout of less than half its profits and 324% of its cash flow raise concerns about its dividend perspective.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more
Comment
Sign in to post a comment
Mindfield Brian White2 : That’s what they want, Kellanova is the spinoff that doesn’t have a union.Once WK Kellogg goes insolvent here comes Kellanova to buy up its assets, get back into cereal production without a union to steal profits