$CNC There’s a crisis brewing for dividend stock
Post# of 2218
Just look at some of the high-yield stocks that have been tanking…
GNC Holdings lured investors in with a hefty 10% yield and crashed 64% in 2016.
Guess wooed investors with a 7.3% yield and handed them a whopping 31% stock loss.
H&R Block pays 4.2% but the stock dropped 28%.
Teva Pharmaceutical’s 4% dividend doesn’t come close to making up for the stock’s 46% plunge.
Abercrombie & Fitch’s 7.9% yield doesn’t come close to making up for a 55% stock loss.
Ericsson’s 7.8% didn’t ease the pain when the stock plunged 36%.
And this same crushing scenario is about to hit a new round of dividend stocks and millions of investors in the weeks ahead.