Millions of investors have turned to dividend stocks to provide income, and they can ill-afford to have those stocks cut their payouts right now. Yet in one sector, things look particularly dangerous for dividend investors right now.
In the following video, Fool markets analyst Mike Klesta talks with Fool contributor Dan Caplinger about this dangerous sector. As Dan notes, with large drops in revenue expected in the current quarter, several companies in the industry have already been forced to cut their dividends dramatically, and further cuts could come in the near future if prospects for the industry don't rebound quickly. Dan concludes with some guidance on what to look for in assessing whether the industry can avoid further problems down the road and how price increases in ETFs SPDR Gold (NYSEMKT: GLD ) and iShares Silver (NYSEMKT: SLV ) could help companies sustain their dividends.
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