April 24, 2016

3 Dividend Stocks That Are Yield Traps

GasLog Partners, Summit Midstream Partners, and Plains All American Pipeline are three dividend stocks to avoid.

For dividend investors, there is nothing worse than buying into high-yield stocks that are subsequently cut. While there are some companies with high yields that can make for decent investments, there are many out there that will lure you in with that high yield only to burn you down the road. Today, GasLog Partners (NYSE:GLOP)Summit Midstream Partners(NYSE:SMLP), and Plains All American (NYSE:PAA) are showing signs of being yield traps. Here's why...

Source: The Motley Fool