Don’t think that just because a company pays a dividend, and has done so for many years that the dividend is safe. Over the years, we have witnessed companies that were seemingly “safe” forced into reducing or eliminating their dividend altogether. Without a dividend today, it is clear that the company’s bad investments and debt forced management to suspend the payout altogether. Granted, CHK may seem like the outlier, but it happens more than you would think.
With that said, I am looking at dividend stocks that could be at risk. These may not happen this year, maybe not even the next … but the longer they operate the way they are, the closer they get to the danger zone. Those operations could eventually cause a reduction, even a suspension of their respective dividends. Dividend Stocks to Sell: BP (BP), GlaxoSmithKline plc (ADR) (NYSE:GSK), Seagate (STX), Frontier Communications (FTR), Blackstone Group (BX), Williams Companies (WMB) and Centurylink (CTL).
Source: InvestorPlace
Related Articles:
- 5 Low-Risk, High-Yielding Dividend Stocks
- 9 Dividend Stocks For A Rainy Day
- 6 Dividend Growth Stocks With Strong Capital Appreciation
- 6 Higher Yielding Basic Materials Stocks With Growing Dividends
- 7 Dividend Growth Stocks That Could Make You Wealthy
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The fact is that there are many interesting high-yielding companies that have good long-term prospects. Besides, as the markets get more vol...
-
Dividend stocks are very appealing to investors, for good reason. Growth stocks tend to make the headlines — with the 2020 pandemic, shareho...
-
Part of the joy of investing is seeing your good investments continue to grow, years after your initial purchase. Aside from the financial s...
-
A common measure of dividend sustainability is the payout ratio, the percent of earnings that are paid out to shareholders. Unfortunately, e...
-
Investors looking for the best dividend stocks for 2021 and beyond should take a closer look at the stocks with the longest histories of ann...
-
Some investors — usually referred to as income investors — specifically set out to buy securities that pay them even before stock price appr...
-
A lot changes when you shift from working to retirement, including how you invest. Most investors switch from building a nest egg to living ...
-
Are you looking for a great dividend stock to add to your portfolio? There are many options out there, but the reality is that many just don...
-
Last month we wrote about the top four companies in our model portfolio in the article 4 Dividend Dominators for 2021 - Companies With More ...
-
Safety and tranquility are both important aspects of investing for retirement. Yes, we want stocks with meaningful upside. We also -- howeve...
10% yield looks nice. I enjoyed it for a few years, but sold it last week. $5B market cap but $18B of debt! 1.17B shares outstanding. Did not check when the debt comes due. Bad customer service reputation in our area (WV). Most are anxiously awaiting the arrival of competition so they can just drop FTR''s DSL service.