Retirement planning often asks for bold moves, especially when transitioning from wealth accumulation to income generation, and for many investors, this shift is pivotal.
Extreme high-yielders seem appealing on the surface, but dangers lurk underneath the surface which could jeopardize the dividend payouts in the future.
Distributable earnings for the quarter declined 22% year-over-year (YoY) to $81.6 million, or $0.40 per diluted common share, compared to $104.1 million, or $0.51 per diluted common share for the quarter ended Dec. 31, 2023.
High dividend stocks are naturally appealing on the surface, due to their high dividend yields. But income investors need to make sure they do not fall into a dividend ‘trap’.
