Jim Cramer warned viewers about the dividend outlook for Alcoa ( AA) and BB&T ( BBT) on his "Mad Money" show Thursday night. Both stocks traded lower Friday.

On Friday, shares of Alcoa closed lower, down $0.25, or 4.18% to $5.73. Shares of BB&T closed lower too, down $1.15, or 6.24% to $17.28.

Alcoa is currently yielding over 11%, but Cramer said that the company has more debt than it does cash on hand. In order to just sustain its current dividend, the company would need more than $545 million, and that is more than it will likely be able to earn.

Also, Cramer said BB&T borrowed over $3.1 billion in TARP money from the government, but stands alone as the only bank taking TARP money to not cut its dividend.
At the time of publication, Cramer had no positions in the stocks mentioned.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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