6 High Yielding Stocks With Risky Dividends

Investing for income has become extremely popular among a variety of investors in the past few years. Ultra low bond yields in both government and corporate issues have made dividend income an increasingly important component of many portfolios. With rates unlikely to be increase to historical norms in the near future, especially considering the ongoing economic troubles in both Europe and the U.S., many are relying on dividend yields to supplement anemic bonds more and more. However, while many dividend yields are ultra safe, some look as though they are unsustainable over the long-term, unless of course the firm is able to grow into its outsized payout rate. Below, I take a closer look at six companies on the S&P 500 that are yielding more than 5% but also have more debt than equity and are currently paying out more than 100% of their earnings as dividends. In other words,... Read more