The Dividend Aristocrats and Kings

Dividend Aristocrats and Kings are great for investors seeking consistent paymounts during a financial downturn. However, even they are not risk free investments.

AT&T, which was once considered a Dividend Aristocrat, was forced to cut dividends by nearly 50% in 2022 due to strained cash flow. You never know when a decade-long history of success could crash, so it's crucial to consider more than just dividend status when investing.

Credit: AT&T