11 Stocks to Sell From Your Passive Income Dividend Portfolio
How many of us carry dead meat in our portfolios? I bet we all do to some extent right? I mean it’s always tempting to go after stocks that already offer a high dividend yield. So I did some more screening and came up with the worst of the worst: Weyerhaeuser Co (WY) Altria Group Inc (MO) Masco Corp (MAS) Nicor Inc (GAS) Sempra Energy (SRE) Northeast Utilities (NU) CenterPoint Energy Inc (CNP) H&R Block Inc (HRB) NiSource Inc (NI) Constellation Energy Group Inc (CEG) Molson Coors Brewing Co (TAP)
Why are these companies hard to sell and how did I come up with them?
First off, I simply took all companies in the S&P500 that pay a dividend of 2% or more. From there, it was quite simple. Do any of these companies have sales declining by 5% (or more) on average over five years? I mean you have... Read more