DCP - Combine DCP Midstream's 8.3% Yield And Its 9% Yielding Preferreds For A Resilient Income
- DCP's dividend cut makes a lot of sense. Management's decision was thoughtful, and it should benefit shareholders in the long run.
- While we don't anticipate another dividend cut, investors can "hedge" their investment by combining DCP's preferred stocks, and their generous 9% yields.
- By utilizing a mixed setup amongst DCP's securities, investors can enjoy a near 9% yield, have exposure to the common stock's possible upside, and increase their overall margin of safety.
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Combine DCP Midstream's 8.3% Yield And Its 9% Yielding Preferreds For A Resilient Income