CNBC: BofA Private Bank’s Chris Hyzy discusses AT&T dividend cut

Asked about whether dividend stocks are more attractive than they have been in the past five or 10 years, Chris Hyzy, Chief Investment Officer of Merrill and Bank of America Private Bank, said, “It’s relative to fixed income yields. They’re going to be more on par versus where they were, but that’s the sweet spot of the market once we start to slow down.” View.