Dividends4Life: 3 Double-Digit Dividend Stocks Set To Fall Hard

3 Double-Digit Dividend Stocks Set To Fall Hard

Posted by D4L | Saturday, February 06, 2016 | 0 comments »

Oil’s hitting 12-year lows as we speak – and that’s crushing a favorite vehicle of many income investors. If you’re not yet out, get out. Reason being, it could easily get even worse for the goo. In fact, it probably will. A surge in either the U.S. Dollar or a depreciation of the Chinese yuan of just 15% could send crude in the $20 range. So could a continued liquidation of massive hedge fund bullish bets – they’re still long nearly 50,000 futures contracts. Yikes.

In September, I initially recommended that investors dump the dividend trap of big oil and that the price of crude was about to drop. The recent cut by Kinder Morgan (KMI), arguably one of the largest and more stable MLP holders out there, shows that no yields are safe. Plains All American Pipeline LP (PAA) has fallen 63% off its high from the third quarter of 2014. Williams Partners LP (WPZ) has a yield of 15.8% from its $3.40 dividend. Energy Transfer Partners LP (ETP) is down 60% from last January.

Source: InvestorPlace

Related Articles:
- 10 Fun Facts That You Might Not Know About Microsoft
- 5 Dividend Stocks To Beat The Wall Street Giants
- A Disciplined Approach To Dividend Growth Stocks
- 5 Low Beta, Higher Yielding Dividend Stocks For The Next Downturn
- 7 High-Yield REITs With Growing Dividends

Click here to have future posts delivered to you for free!

_____________________________________________________________________

0 comments

Post a Comment

~

Latest From Dividend Growth Stocks

Popular Posts Last 30 Days