3 Stocks With Big “Moats” Paying 5%
December 22, 2016 at 05:00 AM EST
It’s actually easy to find dividend stocks that yield more than 5%. No, really. You can go to a screener like the one at FinViz.com and actually search for dividend stocks that yield more than 5% . As of right now, about 450 stocks hit that bar. But that’s merely a list – a list that more closely resembles a minefield. Buried in that list of high-yield dividend stocks is a horde of time bombs. These are stocks that threaten your hard-earned nest egg in any number of ways. Some of these big yields are simply a result of big stock losses, which in turn are a reflection of deteriorating financials that could lead to payout cuts or suspensions in the future. In fact, in some cases, these stocks are paying out far more in distributions each quarter than they earn! ... Read more