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Apr 8, 2021 at 10:42AM Follow @jimhalley When seeking companies whose stock provides a dividend yield of 6% or more, you know the list will be somewhat short and the reasons for the high yield will either be very good or very bad, so it makes sense to take a good hard look first. It doesn t make much sense to purchase a stock for a high dividend only to watch that dividend be cut, or even worse, see its stock price plummet and have the dividend cut. That s a real risk with any stock that has a high dividend, simply because the yield is a ratio of how much a company pays out in dividends each year relative to its current stock price.

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