After Slashing Its Payout This Year, Is Wendy's Still a Good Dividend Stock to Own Right Now?

Wendy's stock still yields more than 5%. A dividend cut can sometimes be a good thing for investors and the underlying stock. When a company continues to pay a dividend that investors suspect is unsustainable, it can make them wary of investing in the business, fearing that a cut may be inevitable. And it also raises questions about whether management is making the best decisions for shareholders by clinging to a high payout. No CEO wants to cut a dividend, but sometimes it's the necessary thing to do. Fast ...