Kraft Heinz’s (NASDAQ: KHC) dividend yield is at 6.6% after a stock pullback, with free cash flow covering dividend payments. Shares trade at just 8 times free cash flow. The company’s year-to-date free cash flow is up 23.3%. Sales have fallen 2.3%, but the company remains a cash cow.

The company is returning cash to shareholders through dividends and share repurchases, with substantial free cash flow. Kraft Heinz is splitting into two companies in 2026, offering opportunities and risks. The split could accelerate growth and create shareholder value, but uncertainty remains until the split closes.

Investors may find value in Kraft Heinz despite uncertainties about the split. The company has a history of returning cash to shareholders and generating excess cash flow. The stock is priced for uncertainty, making it a good time to consider buying. The Motley Fool recommends 10 alternative stocks for investors.

Read more at Yahoo Finance: Is It Finally Time to Buy This Dividend Stock Now That It Has a 6.6% Dividend Yield?