Danger Lurks for These 2 High-Yield Dividend Stocks
There's usually a good reason for a high-yielding investment, and you should approach every chunky yield with skepticism. With interest rates as low as they are right now, a hefty payout should be a red flag instead of a dinner bell.
Altria (NYSE: MO) and H&R Block (NYSE: HRB) are dangling juicy yields of 6.3% and 4.7%, respectively. The payouts are tempting, but there's more to both companies than meets the eye. Don't let these household names lull you into thinking that these payouts will keep growing forever. Danger lurks in both of these iconic high-yielding stocks.
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Source Fool.com
