3 Dividend Stocks I'd Never Buy

3 Dividend Stocks I'd Never Buy

I am not a fan of extremely generous dividend yields. More often than not, they are red flags that mark the presence of deep, dark financial problems.

That's the first thing I think of when I'm looking at regional telecom CenturyLink (NYSE: CTL), bookstore chain Barnes & Noble (NYSE: BKS), and home-decor retailer Pier 1 Imports (NYSE: PIR). Their respective dividend yields stand at 10.3%, 8%, and 6.8% today -- and for all the wrong reasons.

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Source: Fool.com