A Reduced Payout Could Be Coming for These High-Yield Dividend Stocks

A dividend is only as good as the company that's paying it. Sometimes payouts aren't as stable as they seem. With COVID-19 and massive unemployment, business conditions are changing rapidly around the world. Dividends that have been paid for decades may need to be reduced.

The three stocks that I think will have to reevaluate their dividends soon are ExxonMobil (NYSE: XOM), Chevron (NYSE: CVX), and Simon Property Group (NYSE: SPG).

Image source: Getty Images.

Source Fool.com