The market is choppy and the surge in stocks since January might be coming to a close, particularly as we face another debt ceiling debacle and the prospect of all-out war in Syria. Meanwhile, interest rates are rising, putting pressure on bonds and leaving investors looking for better places to protect their capital than longer-duration bond funds.
It makes sense to take shelter in low-risk dividend payers amid this backdrop.
But remember that all dividend stocks are not created equal, and that some companies pose a big risk to your portfolio. If shares fall precipitously, it could offset any income you get, and if those dividends fail to grow over time, then you are better off in an investment that more consistently returns its capital to shareholders.
Here are five stocks you might consider dividend darlings but are worth dumping now: