The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor/analyst Austin Smith discusses topics across the investing world.

In today's edition, Austin highlights some seemingly excellent dividends that just don't pay for shareholders to own. The takeaway here is that while a yield can be great, it's only as good as the company that backs it. That's just one reason a high dividend stock can actually bankrupt you.

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