Mattel Dividend Safety Analysis: Get The 4% While You Can
Mattel’s (MAT) stock price suffered a big setback after reporting 4Q earnings the end of January that missed analysts estimates by over 10%. The resulting price drop from the low 40s to mid 30s was a punch in the gut to shareholders looking for capital appreciation, but it was also viewed as a buying opportunity for income investors as the sell-off resulted in a 4% dividend yield.
So was this tumble in price a blessing for income investors, or should they be worried about the safety of Mattel’s dividend payment. Using our Dividend Safety scoring system, let’s take a look at some key metrics regarding Mattel’s current dividend. READ MORE