Undoubtedly, investors are getting nervous with ongoing concerns of higher interest rates, inflation, and a weakening economy. However, one way to improve peace of mind is selling risky dividend stocks. For income investors, a dividend’s security is paramount. It’s time to get rid of these three ticking time bomb dividend stocks before they explode.
Economic chaos threatens these three dividend stocks: Brookfield Renewable Energy Partners L.P. (BEP): Investors are reassessing renewable energy economics following several startling declines across the sector. Boston Properties (BXP): Office REITs are in trouble as the work-from-home trend has disrupted business. Best Buy (BBY): A weakening economy and falling electronics sales are bad news for this retailer.
Source: InvestorPlace
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Ticking Time Bombs: 3 Dividend Stocks to Dump Before the Damage Is Done
Posted by D4L | Tuesday, October 24, 2023 | ArticleLinks | 0 comments »________________________________________________________________
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