3 Dividend Stocks to Avoid

When it comes to investing, you should never invest based on yield alone. A higher yield could look enticing, but if the dividend is not supported by the underlying fundamentals, it could result in a dividend cut in the near term.

In today’s video, I will go through three dividend stocks that I will avoid at all costs. One of these stocks that I am personally avoiding at all costs is Medical Properties Trust (NYSE: MPW).

Check out this short video to learn more, consider subscribing to the channel, and check out the special offer in the link below.

*Stock prices used were end-of-day prices of Feb. 2, 2024. The video was published on Feb. 5, 2024.

Should you invest $1,000 in Medical Properties Trust right now?

Before you buy stock in Medical Properties Trust, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Medical Properties Trust wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.

See the 10 stocks

*Stock Advisor returns as of February 5, 2024

Mark Roussin, CPA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Mark Roussin is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

3 Dividend Stocks to Avoid was originally published by The Motley Fool

Source link