Author: Marc Lichtenfeld, Wealthy Retirement

You don’t have to be a trained market analyst to know that things aren’t going in the right direction.

In recent years, management has shown a commitment to the distribution, but the financials don’t support it.

Take steps to protect your buying power today so that when prices rise, your portfolio is well-equipped to handle it.

After several years in a row of growth, free cash flow is forecasted to take a step backward this year by nearly $2 billion. Can investors continue to rely on AT&T’s nearly 7% yield?

Make no mistake about it– its dividend will be cut when times get tough.