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A Huge Future Dividend Cut Means You Should Avoid This 12% Yielding Value Trap Like The Plague

This 12% yielding stock has become a favorite among many income investors, on the hopes that its latest mega merger will turnaround its declining business and save the dividend. Unfortunately, the secular decline of its legacy business combined with dangerous debt levels in a rising rate environment mean that a 50% dividend (and price plunge) might be coming in 2019.

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