In a satellite of debased involvement rates, dividend stocks tin beryllium a blessing for investors who request income. But it tin beryllium a nightmare if a institution cuts the dividend payout.
For example, connected May 18, shares of AT&T Inc. T fell 6% aft the institution announced a alteration of strategy — a program to reverse years of costly acquisitions by spining disconnected WarnerMedia successful a woody with Discovery Inc. DISCA. Investors weren’t blessed with AT&T’s program to “resize” its dividend, with the output connected the shares expected to diminution to astir 4% from 7% before...