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Participant ○

Dividend cuts reduce income

Retirees depending on dividend income are on a massive diet, especially energy, hotels, shipping, reits:

 

https://www.marketbeat.com/dividends/cuts/

2 Replies
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Explorer ○○○

Re: Dividend cuts reduce income

Kind of depends on what you own and how diversified you are.

I have had a few suspensions and decreases in a few holdings, others have maintained so far and I have no idea what the ETFs will pay since they don't announce the upcoming dividend, at least I have never seen an announcement.

So far I haven't taken a big hit but it's early in the game. 

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Frequent Contributor

Re: Dividend cuts reduce income

 Royalties on some of our oil leases have decreased.

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