A board decision
Companies are generally not required to maintain the same dividend forever. Management and the board weigh cash needs, investment opportunities and financial condition.
A past dividend does not guarantee a future one.
Yield depends on price
Dividend yield compares the annual dividend with the share price. If the share price changes, the yield changes even when the dividend amount is unchanged.
A very high yield can sometimes reflect a falling share price rather than a stronger business.
Total return
Dividends are only one part of stock return. Changes in share price also matter.
Comparing stocks only by dividend yield ignores growth, valuation and business risk.
General information only. Investment products can lose value, and terms, fees and regulation can change.