Dividends4Life: 2 Incredibly Cheap High-Yield Dividend Stocks

Many income investors screen for new stock ideas by concentrating on yield alone. While I certainly love buying stocks that offer a big payout, I've learned the hard way that a high yield can sometimes be a warning sign.

Consider Tailored Brands (NYSE:TLRD) and DineEquity (NYSE:DIN). Both stocks have been crushed over the last year and are currently trading on the cheap. Add in a big yield and one might be tempted to call both stocks a buy. However, the devil is often in the details, so we need to take a closer look at the two businesses to determine if they are actually worth owning.

Source: Motley Fool

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