While New York Community Bancorp (NYCB 0.33%) isn't one of the best known banks in the country, it's become a cult classic among dividend investors. Thanks to superior credit management and its decision to refuse TARP funds during the financial crisis, it's been able to maintain an annual $1 per share payout for nearly a decade. And currently, it yields an impressive 6.2%.
In the video below, however, Motley Fool contributor John Maxfield identifies one thing that could cause this highly respected bank to cut its dividend in 2014.
