If you have a diversified portfolio one company cutting their dividends should not do your dividend income any harm. In any given economic situation different companies are affected differently. You will have companies that cut dividends, ones that keep them level and ones who increase dividends.
So you have different economic climates in which you have companies that affected differently. This happens a lot. If you diversity your portfolio over different sectors you will be fine as different sectors will very often perform differently.
I have written about diversification before under Diversification and Sectors I Invest In. In my portfolio I cover the following sectors.
|Real Estate||Real Estate|
On my other blog I wrote yesterday about BCE Inc. (TSX-BCE, NYSE-BCE)... learn more. Next, I will write about Sun Life Financial Inc. (TSX-SLF, NYSE-SLF)... learn more on Friday, April 30, 2018 around 5 pm.
This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.