Each Wednesday, Chief Income Strategist Marc Lichtenfeld’s Safety Net column looks at a stock to determine the safety of its dividend and predict future dividend cuts. Using his proprietary tool, SafetyNet Pro, for quantitative analysis, his column provides your portfolio with a “safety net,” helping you catch big losses before they happen.
It may be tempting to get excited about MFA Financial’s high yield, but this REIT’s history of dividend-slashing proves that the current return is not sustainable.