Don't chase these high dividend yields. They might not last.
Investors looking for dividend stocks need to be careful not to chase yield. Investing in some high-yielding stocks could be a recipe for disaster as those high-yield stocks turn into low-yield stocks if management decides to cut the dividend. That's why investors need to ensure those dividends are safe and well within the means of the businesses paying them out.
The three dividend stocks examined in this article -- Seagate Technology (NASDAQ:STX), Las Vegas Sands (NYSE:LVS), and Mattel (NASDAQ:MAT) -- are all in danger of cutting their dividends in the near future.
Let’s take a closer look to see why…
Source: The Motley Fool