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Nothing is safe if it falls a few cents you are still getting 12%/13%
I look at this way it came out at $16, creeped up to $16.50 in February then the banks tanked and down she came the divi went from .185 to .18 ...... no big deal IMO they have paid 5 dividends, soon to be 6 so, it looks like their At The Market Option strategy is working as they thought the banks will come back eventually, they always do if it takes 2 years I don't care, just keep paying me that divi every month if you want safe, buy a GIC and pay tax on 100% of the interest I am completely out of GICS, the income tax was just insane
