The Biggest Danger With Dividend Stocks
Many investors, specifically those near retirement, gravitate toward dividend stocks. For many, dividends provide a steady and, hopefully, rising income stream, no matter what's going on with the stock market.
Or so many think.
Of course, in the wake of the COVID-19 pandemic, many companies in travel and leisure, airlines, and oil and gas are cutting their payouts. Even the mighty Disney (NYSE: DIS) is suspending its next biannual dividend. It could do more.
Source Fool.com