A 3-Step Test for Avoiding Dividend Disasters

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I keep saying it because it’s true and critical to your retirement wellbeing  (or lack thereof)  – don’t take any dividends for granted today!

In a minute I’ll outline a 3-step “dividend disaster” test that you can quickly run on the stocks you own. I want to make sure you don’t hold the next Mattel (MAT) simply because “its yield looked good” or “so-and-so guru recommended it.”

First-level income hounds piled into Barbie’s plastic 6% yield. But when the firm “surprisingly” announced a sharp 61% dividend cut two weeks ago, shares completed a 36% dive:

6 Years of Dividends, Gone

Our Contrarian Income Report portfolio was, yet again, unique in our handling of this ticking toy bomb.…
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About Author

Brett

Hi, I’m Brett Owens – and I’m a financial junkie. My “problem” started incollege, when I got a little dose of the stock market – man, was I hooked…in no time, I was reading the Wall Street Journal religously.

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