Subject: Re: Dividends
He is drawing down his portfolio and spoke about a key idea which favor dividend paying stocks - predictability.

I used to believe this.

Then I watched as retiree darling AT&T cut its dividend in half.

No one talks about dividend cuts or suspensions.

I much prefer to manufacture my own dividend by selling shares. That also gives you the ability to control your income. But selling shares is too big a psychological hurdle for most people.