4 High-Yield Dividend Stocks to Stay Away From

By Matt Frankel and Travis Hoium – Nov 12, 2022 at 6:33AM

NYSE: NLY

Annaly Capital Management

Market Cap

$9B

Today's Change

(1.02%) $0.19

Current Price

$18.88

Price as of April 26, 2024, 4:00 p.m. ET

Not all high-paying stocks are worth an investment.

High-yield dividend stocks can be an income investor's dream, but the wrong high-yield dividend stocks can turn into a nightmare. In this video, Fool.com contributors Matt Frankel, CFP®, and Travis Hoium discuss four of the dividend stocks they wouldn't touch right now and the red flags they see with each one.

*Stock prices used in the video are as of Nov. 6, 2022. The video was published on Nov. 11, 2022.

Matthew Frankel, CFP® has no position in any of the stocks mentioned. Travis Hoium has positions in Verizon Communications. The Motley Fool recommends The Kraft Heinz Company and Verizon Communications. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.