Dividends4Life: 5 Failing Dividend Stocks to Drop Now

Dividend Growth Stocks News

5 Failing Dividend Stocks to Drop Now

Posted by D4L | Tuesday, March 24, 2015 | | 0 comments »

It’s no secret that as the dollar continues to strengthen, multinationals are suffering as profits are pinched. We’ll see the real impact of this during first-quarter earnings season, which kicks off in early April. In the meantime, investors are flocking to stocks with high dividend yields, which are especially attractive in this low interest rate environment. The in-flows into quality high dividend stocks are so strong now, that I recently recommended two big dividend plays in my Blue Chip Growth newsletter.

I’ve been monitoring big dividend payers and found that the following five companies are struggling in the current strong dollar market. If you currently own any of these five stocks I strongly recommend you find a good time to take profits: Caterpillar Inc. (NYSE:CAT) is the world’s largest manufacturer of earth-moving equipment. Garmin Ltd. (NASDAQ:GRMN) is based in Schaffhausen, Switzerland. Garmin manufactures and designs portable GPS products. Mattel, Inc. (NASDAQ:MAT) manufactures, creates and markets a wide array of toy products worldwide. Transocean LTD (NYSE:RIG) is an offshore contract drilling company that operates worldwide. Wynn Resorts, Limited (NASDAQ:WYNN) operates luxury casino resorts.

Source: InvestorPlace

Related Articles:
- When A Stock Fails To Raise Its Dividend: Is It Time To Sell Intel?
- 4 Dividend Stocks For A Confident And Secure Future
- High-Yield, High-Return Investments To Increase Income While Waiting On Dividend Growth
- The Most Important Financial Statement When Selecting Dividend Growth Stocks
- 5 Five-Star Dividend Stocks

________________________________________________________________

0 comments

Post a Comment

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