5 Popular Dividends That Could Be Cut in ’23 (You Likely Hold at Least One)

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Hands up if you’ve been caught out by a snap dividend cut. Then you know the sickening feeling as investors dump the stock, tanking its price on the way out.

The result? A shriveled income stream and a crushed share price.

It’s a story I fear we’re going to hear a lot in 2023, with rising rates hitting stocks now, and a recession on the horizon. Folks who win will be those who know when to swing into—and out of—strong payers while shunning feeble dividends set to crumble.

To help you protect yourself, I’ve combed the market for dividends that could be on the chopping block.… Read more

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Sell ‘em if you got ‘em.

And c’mon, we all have ‘em.

Let’s think back a few months. Which stocks are we still holding now that we wish we had sold then?

I’m talking about the dividend dogs that, if we’re being honest, are not deserving of long-term positions in our retirement portfolios.

These mutts have had a fun summer—good for them (and us). Now let’s find them a nice home in another portfolio.

Why the deadline? September swoons are common. The Wall Street guys return from their Hampton homes and sell everything that rallied in August.

The summer rally (recently ended?)… Read more

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With the epic “relief rally” finally on fumes, it’s time to consider jettisoning any dividends that (let’s be honest) should have been sold in February. Stock prices are quite disconnected from their underlying fundamentals, and the four firms we’re going to discuss today have particularly poor prospects.

Sure, these yields appear generous. But these days, we can lose this much in a few bad trading sessions.

(Low payout ratios—the percentage of cash flow being paid as dividends—are usually preferable. A negative ratio is not! More on this wreck shortly.)

As you know, I don’t provide personal financial advice. That said, if I owned any of these shares, I’d sell ’em!… Read more

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