Equity income:
What is "safe"??
The historical answer from the Depression was dividend from stalwarts like ATT. Generalizing,a solid stable company with conservative finances paying an affordable but high dividend would seem to be the definition. One measure of financial performance is the Return on Assets; you cant afford to pay out more than you can make on the assets you deploy.
You also want some expectation that the money you invest would not be worth substantially less in the long term, or in other words only buy when down significantly from the highs.
The sector which most oversold long term is energy, and more specifically major oil companies. Two with high dividends and ROA higher than dividend yield are Shell RDS/A and Equinor EQNR, a Norwegian oil company. Both have 6.0% or better yields and are likely to be here long after we are all dead.
Just a suggestion for anyone worrying about "income" in the next decade
Stay on the right side of the cycle!
