A Reduced Payout Could Be Incoming for These High-Yield Dividend Stocks
Buying dividend stocks is an appealing strategy for certain investors. In particular, these stocks provide investors with a source of income, and companies send a positive signal when they consistently raise their payouts.
However, it is important to look past the dividend yield and conduct a deeper dive to see if such stocks can maintain their payouts. After all, you certainly don't want to add a company to your portfolio believing the dividend is safe, only to have the rug pulled out from under you. Not only will this provide you with less income than you thought, but the stock price may fall in response, since many investors interpret a dividend cut as a negative indicator of a company's prospects.
To save you from this scenario, below are some companies that could cut their payouts.
Source Fool.com
