Dividends4Life: Time To Ditch These 3 Blue-Chip Dividend Stocks

Dividend Growth Stocks News

When shopping for dividend stocks, the biggest mistake you can make is buying yield without checking out the company’s fundamentals. This has been particularly true in recent months of those buying traditional blue-chip dividend stocks. Many investors think that because these companies are so large, they are automatically safe investments. This couldn’t be further from the truth.

Even very large companies have ups and downs in their business, so it is critical to avoid those experiencing weak fundamental conditions. A 20% decline in the price of your stock can quickly eliminate the advantages of a 4% dividend yield. Here are three such stocks that might not be such great buys right now: Exxon Mobil (XOM), AT&T (T) and Altria (MO).

Source: InvestorPlace

Related Articles:
- Are The Dividends Safe For These High-Yielding Stocks?
- My 2012 Top And Bottom Performing Dividend Stocks
- 7 Dividend Stocks With Room To Increase Their Payout
- 9 High Rated, Lower Debt Dividend Stocks With A Reasonable Payout
- 4 Dividend Stocks To Avoid The Social Security Blues

________________________________________________________________

0 comments

Post a Comment

Note: Only a member of this blog may post a comment.