Often when investors choose dividend stocks as part of their portfolio, the aim is to generate more money through the quarterly dividend.
However, as with all things in the market, the dynamics of various dividend stocks change over time. While some stocks may continuously up their dividend, in an attempt to attract more retail and institutional investors, others may fall on hard times, requiring them to lower their dividends or cut them altogether.
In these cases, a dividend stock loses what was once its biggest draw, and ultimately becomes an uncompetitive position when compared to other, better-yielding dividend stocks. Here are three such examples of dividend stocks to sell due to diminishing or entirely vanishing dividend yields.
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