2024-07-17 09:30:23 ET
Summary
- Fast food sales are declining as consumers become more price sensitive, leading companies to offer bargain meals to attract customers.
- Wendy's is a major player in the American fast food market with a nearly 6% dividend yield, but its high debt and slow growth raise concerns.
- The company's high payout ratio and financial situation may not support the current dividend yield, making it a risky investment.
Fast food sales have been struggling for some time , as American consumers find themselves increasingly price sensitive and companies try to lure them back with special bargain meals after inflation convinced so many of them to change their spending habits....
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Wendy's Offers A Nice Yield - But They Can't Sustain It