In today’s video I’m answering the following questions are the AT&T dividend cut: with what other high yield dividend stocks should I consider replacing my dividend income?
As most of you know by now, the recent announcement of the AT&T Time Warner and Discovery merger has resulted in a “readjustment” of AT&T’s proposed divided going forward. In plain English: a sneaky AT&T dividend cut.
That’s one of the major reasons why I sold my AT&T stock last week, but at the same time it means that I lost one of the few high-yielders in my portfolio.
Hence, if you were mostly in it for the high-yield like me, then you are probably thinking about what to buy instead right now 🤔
You’re not alone and that’s why in Today’s video I’m going to share with you 5 other high yield dividend stocks for your considerations.
So, get your coffee ready and enjoy today’s Sunday with eDGI ☕
Note: I am not chasing yield with these recommendations. I wouldn’t invest in high-yield dividend stocks if I would not be able to get my initial investment back. However, I do believe that high yield, low growth dividend stocks belongs in my portfolio as an element of diversification.
0:00 – Intro
1:08 – AT&T Discovery Merger
2:40 – Can we trust CEO Stankey?
5:49 – AT&T Dividend Cut
6:58 – How I deal with dividend cuts based on my learnings
11:15 – 5 High Yield Dividend Stocks
12:00 – Stock 1 – from the REIT sector
15:30 – Stock 2 – from the energy sector
20:03 – Stock 3 – small cap from the insurance industry
25:15 – Stock 4 – large cap from the insurance industry
30:57 – Stock 5 – from the tobacco industry
All in all this list consists of 4 European stocks and 1 US stock.
Enjoy your week!
European Dividend Growth Investor
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. I’m a person who believes and takes pride in a sense of freedom, satisfaction, fulfillment and empowerment that I get from being financially competent and being conscious managing my personal money. The contents on this blog are for informational and entertainment purposes only and does not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my blog is appropriate for you or anyone else. By reading this blog, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information provided on this blog.