With the epic “relief rally” finally on fumes, it’s time to consider jettisoning any dividends that (let’s be honest) should have been sold in February. Stock prices are quite disconnected from their underlying fundamentals, and the four firms we’re going to discuss today have particularly poor prospects.
Sure, these yields appear generous. But these days, we can lose this much in a few bad trading sessions.
(Low payout ratios—the percentage of cash flow being paid as dividends—are usually preferable. A negative ratio is not! More on this wreck shortly.)
As you know, I don’t provide personal financial advice. That said, if I owned any of these shares, I’d sell ’em!… Read more