Peters: Not Buying the New Kinder
Kinder’s reorganization brings upside potential, but even after the change, its payout coverage is too thin for conservative income investors, says Morningstar DividendInvestor editor Josh Peters.
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. I'm here today with Josh Peters. He's the editor of Morningstar DividendInvestor and also our director of equity income strategy. We'll look at the Kinder consolidation and see what it could mean for dividend investors.
Josh, thanks for talking with me today.
Josh Peters, CFA does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.