3 Scary High-Yield Dividend Stocks That Income Investors Should Avoid Right Now

A high dividend yield can be very alluring to an income investor. In theory, it would enable investors to generate more income for every dollar they invest. Unfortunately, a high yield can often be like a siren's song and lead an investor to a destructive outcome when the company slashes its payment.NextEra Energy Partners (NYSE: NEP), Annaly Capital Management (NYSE: NLY), and Community Healthcare Trust (NYSE: CHCT) currently have monster dividend yields. However, they have some scary financials. Income investors should therefore avoid these high-yield dividend stocks right now. NextEra Energy Partner's dividend yield is approaching 20%. A yield that high should send shivers down the spines of income-seeking investors. It clearly indicates that the market expects the company to slash its payout shortly. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool