Dividend Cut Alert: Double-Digit Yields That Could Soon Be Slashed
ETEnergy Transfer(ET) Seeking Alpha·2024-01-15 04:00

Andrii Yalanskyi No one likes a dividend cut: They reduce the income stream that many retirees rely on for funding their retirement lifestyle. They often trigger a negative market response, leading to steep stock price declines. This typically adds insult to injury by adding steep capital losses on top of the steep decline in income, limiting investors' ability to recycle the capital into another investment in an attempt to recoup their lost income. Some companies are forced to cut their dividends due to ...