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