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Are These 15%-Plus Dividend Yields Safe?

These stocks have significant risks ... but some of the thick double-digit dividend yields make them worth it

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The trick with high-yield dividend stocks is that they sound great on the surface, but they can be oh so dangerous … and the high yield could actually be the warning sign.

dividend-stocks-dividend-yieldHigh dividend yields can often be a product of a severely reduced stock price, and while quick dips can happen on market sentiment, monster gaps down usually happen for a reason.

Also, sometimes that dividend yield isn’t sustainable … so drawing a 15% yield from a dividend stock is small consolation if the company either cuts the dividend or loses more than 15% in market cap in a hurry.

Today, we’re looking at three dividend stocks with sky-high dividend yields to see whether they’re safe.

Article printed from InvestorPlace Media,

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