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.
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.