The Red Flag of High Dividend Yields

I think it could perform pretty well, even without that going in the future. The multiple expansion is a bit of a reach, especially right now where there's so much emphasis on responsible investing. I usually would be like a 9% dividend yield. They must be over free cash flow. Like it's ridiculous. It's very covered. That's how cheap the stock is. All right? So bear case number one. Number two is always regulatory risk when it comes to nicotine and tobacco. Number three is the debt load has grown significantly since that I think had to do with that acquisition just based on timing, but I don't know. Right? If this re-rates at 25 times