Should Dividend Investors Chase High Yields?

Many novice investors get into the world of dividend investing because of the belief that it is possible to generate double digit current yields. They purchase these securities in pursuit of current income, only to see these distributions cut after a few months. The truth is that few companies can afford to pay high dividends, unless they are pass-through entities such as master limited partnerships or real estate investment trusts to name a few.I have highlighted the top 20 yielding stocks in the S&P 500 index below:... Read more