Retirees Chasing 3.27% Yield Face Hidden Risk in The ONEY Dividend ETF

Retirees Chasing 3.27% Yield Face Hidden Risk in The ONEY Dividend ETF

Quick Read United Parcel Service (UPS) cut buybacks from $2.3B to $500M. UPS’s payout ratio reached 101% with dividends exceeding earnings. ONEY holds nearly half its portfolio in cyclical sectors where distributions could decline during recessions. Target maintains a 54.5% payout ratio while Altria offers 6.61% yield from its declining tobacco business. It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a l…