DIVIDENDS: For those that are trying to keep what was already hard earned
jeffian - Thu, 01 Jan 04 :
Yes, beware of lists simply screened out by reference to historic divi yields which may not be sustainable. SMWH is another one tipped for the chop and there may be a few more up there if I looked a bit more carefully. The ones I mentioned from my own portfolio were picked for sustainability as well as high yield, although arguably LLOY is looking fragile, but I take the view that a big UK clearer in a recovering UK economy will not want to be seen to be cutting the divi and will fight to avoid it.
