Dividends aren't guaranteed. These payouts are usually at the discretion of the board of directors, so even when a high yield is enticing, it could be short-lived. It's important to recognize that it can disappear at any time.
That's why investors who are looking for a stock with a juicy yield need to pay attention to the company's ability to keep sending cash to shareholders. AllianceBernstein (NYSE: AB) is one company that offers both a big distribution and some unique advantages that make it one you can count on. Let's dig in and see why income-seeking investors might get excited about this investment-management company.
Image source: Getty Images.
For further details see:
Here's 1 High-Yield Dividend Stock You Can Trust