Dividend Graveyard: 7 High-Yield Stocks That Could Cut Dividends This Year
Published Feb 28, 2011 on Seeking Alpha

Investment Underground searched for companies with high payout ratios that are in jeopardy of dividend cuts in 2011. Among these names are mining and real estate companies and a couple outside these sectors. If you’re an investor who counts on dividends, consider reappraising your positions in these companies. And if you’re looking to add some new names to your dividend portfolio, check out these 10 safe, high-yield telecom companies or these 7 pharma stocks. Here’s what we found: Garmin (GRMN): No defensibility. It’s as simple as that. Garmin hasn’t been able to build strong enough barriers or a strong enough brand, and with EPS projections negative at (-9.16) through 2013 it isn’t looking sustainable for the company to continue to pay out its 4.5% dividend. For safer picks with sustainable advantages surrounding their businesses, view our opinion here.Equity Residential (EQR): Operating with negative income in 2010, Equity Residential might... Read more