7 Drowsy Dividend Stocks to Sell or Stay Away From

The Dow Jones Industrial Average hit an all-time high of 29,551.42 on Feb.

(Image credit: Getty Images)

The Dow Jones Industrial Average hit an all-time high of 29,551.42 on Feb. 12. Investors continued to pile into stocks despite excessive valuations and global fears of the coronavirus – an outbreak that has already made SARS relatively tame by comparison.

The worst, investors thought, was over. The number of new cases had plateaued. Then news surfaced Feb. 24 that cases of coronavirus were surging outside China. The Dow lost 14% of its value over the next five days of trading, closing at 25.409.36. The Dow has continued to log massive price swings since then.

Disclaimer

Data is as of March 4. Dividend yields are calculated by annualizing the most recent payout and dividing by the share price.

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Will Ashworth
Contributing Writer, Kiplinger.com

Will has written professionally for investment and finance publications in both the U.S. and Canada since 2004. A native of Toronto, Canada, his sole objective is to help people become better and more informed investors. Fascinated by how companies make money, he's a keen student of business history. Married and now living in Halifax, Nova Scotia, he's also got an interest in equity and debt crowdfunding.