These 5 Stocks Could Be the Next to Slash Their Dividends
After a wave of oil and gas dividend cuts in March, the market may have thought the worst was over. But then the coronavirus pandemic prompted companies in diverse sectors, including auto manufacturing, retail, and movie theaters, to cut or suspend their dividends.
But there's no guarantee that the cuts are all behind us. We asked five Motley Fool contributors which companies they think are most at risk for a dividend cut right now. They came back with companies from across the market spectrum: energy, real estate, mining, and consumer goods.
Here's why they think that Simon Property Group (NYSE: SPG), Oasis Midstream Partners (NYSE: OMP), Cleveland-Cliffs (NYSE: CLF), Newell Brands (NASDAQ: NWL), and NuStar Energy (NYSE: NS) have payouts that could be at risk.
Source Fool.com
