the main reason i like koontor is it's not a growth stock that's what vf corp didn't want. kontoor is a dividend stock with 7.2% yield try to get that from a bond that's not too dangerous f. you're an investor who wants income, this one is pretty enticing why is the yield so high in isn't that usually a red flag? well, on the first day of regular trading in may, kontoor closed at $38.60 but since then it's been clobbered. the spin off did happen at a terrible time when the trade tensions with china started escalating before the federal reserve indicated a rate cut was underway and plunged to $25 and change and been able to bounce back to $29.33 as of today although that is a decline of 5% from yesterday in the terrible trading. now it's not just the dividend i like kontoor's management team is pretty darn strarightforward. wrangler and lee is quality brands and they believe it can turn things around by focussing on the earnings and then earning the trust of investors on top of the huge dividend, they are planning to expand wrangler and lee into new channels in new countries