TMUS has the strongest dividend safety metrics—4.29x coverage, 23% FCF payout, 0.5x leverage—yet our analysis flags it as highest execution risk. AT&T, often dismissed for its 2.2x coverage, has the clearest path to dividend sustainability through 2028.
High BDC yields attract income investors, but most analysis stops at yield percentage. This 5-point framework using dividend coverage, cash conversion, and AFFO trajectory reveals the critical difference between ARCC's negative dividend coverage (-2.42) and MAIN's sustainable payout (+1.06).
Dividend investing isn't just about yield—it's about sustainability. Our dividend research library covers payout ratio analysis, hidden liability screening, and sector-specific safety rankings across insurance, utilities, consumer staples, and more.
All three companies raised dividends in 2025. All three beat Q3 earnings estimates. But one has a $950 million hidden liability that most investors don't see. Progressive's 26.8% payout looks sustainable until you examine what's buried in the filing footnotes.
Digital Realty has $2.3 billion in construction commitments plus an active SEC investigation. Welltower faces $337 million in put-call acquisition obligations. Standard FFO/AFFO screens miss these entirely. Here's what filing intelligence reveals about 8 major REITs.