Re: Buying stocks with high dividends?
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They won't cut dividends unless they have to, because they know they are dead meat if they do.
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Not necessarily. I've seen divi cuts received well in the past. GM comes to mind as one of many examples. Also too, divy cuts are very often anticipated. Surprise divy cuts aren't received so well. Don't know what the sentiment is on C.
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That was in the past, not right now. And not a financial.
All the financials are under pressure right now, and a dividend cut or suspension by C would be headline news.
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