Everyone loves high income, but investors should dump these dividend dogs before they get burned.
What are the common factors among CenturyLink, Chimera Investment and HSBC Holdings?
They are all sitting on a dividend time bomb that is set to explode any time. They sport unsustainably high yields and payout ratios and are saddled with dull expectations for earnings per share growth over the next half a decade.
Let's take a look at each one…