Caution On These High Yield Companies Making 52-Week Lows

Not all high yielders are created equal. Some companies are well managed and the dividend is sustainable. They are particularly appealing for long term buy & hold, because the cash payout by itself provides a good margin of safety for the investment. Some other companies, however, have seemingly high yield that can be eliminated any time. The following companies have very high dividend yield (at least 8%), and with their stock prices making 52-week low. Investors should use a lot of caution before buying into these companies. Cellcom Israel Ltd. (CEL) is a wireless communications company. It has a market cap of $681.06 million. This company pays out a dividend of 14.90%. Its ex-dividend date is 7-9-2012. Cellcom Israel provides cellular communications services in Israel. It offers basic and advanced cellular telephone services, text and multimedia messaging services, and advanced cellular content and data services. As of December 31, 2011,... Read more