Reports of shopping malls' deaths have been greatly exaggerated. That said, it's not an easy business these days. While some malls are struggling, this real estate investment trust remains pretty solid. The company pays a $1.80 quarterly dividend, which gives it a strong yield of 5.9%. But can dividend shoppers rely on it to pay at least that much each year? Safety Net frowns upon declining cash flow, so this isn't something we want to see... If funds from operations don't improve the way Wall Street expects them to in 2023, we'll have to take a very close look at the dividend to see if a cut is on the way. Click here to reveal whose dividend is not very safe. |
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