Thursday, April 21, 2011

11 Stocks to Sell From Your Passive Income Dividend Portfolio

Intelligent Speculator submits:

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


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