Each Wednesday, Chief Income Strategist Marc Lichtenfeld’s Safety Net looks at a stock to determine the safety of its dividend and the likelihood that it’ll be paid or even raised. Because just as important as generating a healthy amount of income is ensuring that an income stream doesn’t turn into a trickle.
Thanks to the meltdown in the markets, this income darling yields nearly 8%, making it even more attractive. But can investors rely on that high yield going forward?