madmax - can't find this comment by Cramer.
this companies finances are not difficult to follow - so I find it hard to believe that Cramer would say that-maybe you misunderstood? I don't invest in companies that I can't figure out their financials.
Dividends, that have not been declared, can be canceled or increased at any time, by any company!!
NYCB has paid out most of its profits (about 98%) in dividends for the last 10 years, they have still managed to grow the company slowly over that time. If, and when, they cross a threshhold of $50Billion in assets, they will be classified as a SIFI (systematically important financial institution) by the government. Their dividend payout will require approval from the government at that point. If they maintain certain levels in all the financial areas that the government deems important, then they will be allowed to keep paying out most of their profits. If they have to cut the dividend, then the money they don't pay out will be reinvested back into the bank, making the bank, and the value of your shares, stronger.