Marc Lichtenfeld, Wealthy Retirement, Author at Daily Trade Alert

This 8%- Plus Yielding Stock Just Slashed Its Dividend

The new lower dividend seems sustainable, however management may have to lower the payout again.

As analysts upgrade it, the share price should climb.

Looking at the numbers, I don’t believe shareholders have a lot to worry about in the short term when it comes to the safety of the dividend.

In short, REITs should be a part of any balanced portfolio but you should know the benefits and challenges they face.

Its distribution should be safe for the time being.