These two high-yielding stocks have considerable risk around their current dividend payouts. Anyone thinking of buying either of these two stocks purely as a dividend play needs to consider the case carefully.
Whenever you see a stock with a high dividend yield, the first question to ask is whether the dividend is sustainable or not. In the cases of closed-end fund Guggenheim Strategic Opportunities Fund (GOF) and industrial conglomerate 3M (MMM), I think there's a real risk that their dividends will be cut.
Source: Motley Fool
Related Articles:
Dividend Growth Stocks News
- 3 Dividend Stocks to Buy for Reliable Passive Income - The Motley Fool - 3/19/2025
- Jefferies Bets on Office REIT Comeback with These 2 High-Yield Dividend Stocks — Including One With 10% Yield - TipRanks - 3/19/2025
- 3 Dividend Stocks To Consider With Yields Up To 5% - Yahoo Finance UK - 3/19/2025
- What Stock Market Sell-Off? These 2 Dow Jones Dividend Stocks Are Near Their All-Time Highs - Yahoo Finance - 3/15/2025
- 2 Top Dividend Stocks Down More Than 12% That You'll Regret Not Buying - The Motley Fool - 3/19/2025
- Union Pacific Corporation (UNP) Dividend Stock Analysis - 3/14/2025
- Kellogg Company (K) Dividend Stock Analysis - 3/7/2025
- Texas Instruments Inc. (TXN) Dividend Stock Analysis - 2/28/2025
- Illinois Tool Works Inc. (ITW) Dividend Stock Analysis - 2/21/2025
- Best Buy Co., Inc. (BBY) Dividend Stock Analysis - 2/14/2025
Don't Fall for These 2 Dividend Stocks: Cuts May Be Coming
Posted by D4L | Monday, December 11, 2023 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.