20 High-Yield Dividend Stocks that Could Ruin Your Retirement Portfolio in 2021

Posted on Saturday, June 19th, 2021 by MarketBeat Staff
Almost everyone loves a company that pays strong dividends. Who doesn't like receiving a check every quarter for simply owning a stock--especially if that stock is paying you back 4%, 5% or even 10% of its share price in annual income each year?. In a world where 10-year treasuries are yielding just above 2%, it seems hard to go wrong when buying a stock that's yielding significantly above the going rates on fixed-income assets. Unfortunately, the market rarely offers a free lunch.

While high-yield stocks may have a lot of near-term attractiveness, those same high-yields can often signal significant danger ahead. In some cases, it might mean that the company's dividend will stop growing or won't grow as fast as it used to. Worse yet, the company could cut its dividend, reduce the income you receive from owning the stock and drive down the value of the shares that you own.

4%-plus yields might seem like an easy opportunity to boost the investment income you receive, but high-yield stocks can just as often be a track reading to snare unsuspecting investors. It's not always easy to tell the difference though.

This slideshow highlights 10 high-yield dividend stocks that are paying an unsustainably large percentage of their earnings in the form of a dividend. These companies are all paying out more than 100% of their earnings per share in the form of a dividend, a sign that the advertised high-yield probably won't last.

#1 - Aspen Insurance (NYSE:AHL)

Dividend Yield: 1.69%
Annual Dividend Payout: $0.72
Earnings Per Share: $4.00
Payout Ratio: 0.0%
Consensus Rating: N/A


Insider Trades by Quarter for Aspen Insurance (NYSE:AHL)

Aspen Insurance logoAspen Insurance Holdings Limited, through its subsidiaries, engages in insurance and reinsurance businesses in the United States and internationally. The company's Aspen Insurance segment offers property and casualty insurance products, including U.S. and U.K. commercial property, commercial liability, U.S. Read More 


#2 - EnLink Midstream Partners (NYSE:ENLK)

Dividend Yield: 12.95%
Annual Dividend Payout: $1.56
Earnings Per Share: $0.37
Payout Ratio: 0.0%
Consensus Rating: Buy


Insider Trades by Quarter for EnLink Midstream Partners (NYSE:ENLK)

EnLink Midstream Partners logoEnLink Midstream Partners, LP, through its subsidiary, EnLink Midstream Operating, LP, provides midstream energy services. It operates through Texas, Oklahoma, Louisiana, Crude and Condensate, and Corporate segments. The company provides gathering, transmission, processing, fractionation, storage, condensate stabilization, brine, and marketing services to producers of natural gas, natural gas liquids (NGL), crude oil, and condensate. Read More 

#3 - Redwood Trust (NYSE:RWT)

Dividend Yield: 5.18%
Annual Dividend Payout: $0.64
Earnings Per Share: $1.28
Payout Ratio: 56.3%
Consensus Rating: Buy
Consensus Price Target: $11.43 (7.7% Downside)

Insider Trades by Quarter for Redwood Trust (NYSE:RWT)

Redwood Trust logoRedwood Trust, Inc, together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Lending, Business Purpose Lending, and Third-Party Investments. The Residential Lending segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. Read More 

#4 - Atlantica Sustainable Infrastructure (NASDAQ:AY)

Dividend Yield: 4.58%
Annual Dividend Payout: $1.72
Earnings Per Share: $0.85
Payout Ratio: 202.4%
Consensus Rating: Buy
Consensus Price Target: $47.33 (29.7% Upside)

Insider Trades by Quarter for Atlantica Sustainable Infrastructure (NASDAQ:AY)

Atlantica Sustainable Infrastructure logoAtlantica Sustainable Infrastructure plc owns and manages renewable energy, natural gas, transmission and transportation infrastructures, and water assets in the United States, Canada, Mexico, Peru, Chile, Uruguay, Spain, Algeria, and South Africa. It owns 28 assets comprising 1,591 MW of aggregate renewable energy installed generation capacity; 343 MW of natural gas-fired power generation capacity; 1,166 miles of electric transmission lines; and 17.5 million cubic feet per day of water desalination assets. Read More 

#5 - RenaissanceRe (NYSE:RNR)

Dividend Yield: 0.99%
Annual Dividend Payout: $1.44
Earnings Per Share: $10.28
Payout Ratio: 14.0%
Consensus Rating: Hold
Consensus Price Target: $191.60 (34.2% Upside)

Insider Trades by Quarter for RenaissanceRe (NYSE:RNR)

RenaissanceRe logoRenaissanceRe Holdings Ltd. provides reinsurance and insurance products in the United States and internationally. The company operates through Property, and Casualty and Specialty segments. The Property segment writes property catastrophe excess of loss reinsurance and excess of loss retrocessional reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, and other windstorms, as well as claims arising from other natural and man-made catastrophes comprising tsunamis, winter storms, freezes, floods, fires, tornadoes, explosions, and acts of terrorism; and other property class of products, such as proportional reinsurance, property per risk, property reinsurance, and binding facilities and regional U.S. Read More 

#6 - China Oilfield Services (OTCMKTS:CHOLY)

Dividend Yield: 0.87%
Annual Dividend Payout: $0.15
Earnings Per Share: $0.00
Payout Ratio: NaN
Consensus Rating: N/A


Insider Trades by Quarter for China Oilfield Services (OTCMKTS:CHOLY)

China Oilfield Services logoChina Oilfield Services Limited, together with its subsidiaries, provides integrated offshore oilfield services in Mainland China and internationally. The company operates through four segments: Drilling Services, Well Services, Marine Support Services, and Geophysical and Surveying Services. The Drilling Services segment provides drilling, module rigs, land drilling rigs, and drilling rigs management services. Read More 

#7 - Enviva Partners (NYSE:EVA)

Dividend Yield: 6.4%
Annual Dividend Payout: $3.14
Earnings Per Share: $1.56
Payout Ratio: 200.0%
Consensus Rating: Buy
Consensus Price Target: $58.50 (20.5% Upside)

Insider Trades by Quarter for Enviva Partners (NYSE:EVA)

Enviva Partners logoEnviva Partners, LP produces and sells utility-grade wood pellets. The company's products are used as a substitute for coal in power generation, and combined heat and power plants. It serves power generators in the United Kingdom, Europe, and Japan. Enviva Partners GP, LLC operates as the general partner of the company. Read More 

#8 - Star Bulk Carriers (NASDAQ:SBLK)

Dividend Yield: 5.31%
Annual Dividend Payout: $1.20
Earnings Per Share: $4.38
Payout Ratio: 27.4%
Consensus Rating: Buy
Consensus Price Target: $24.53 (10.9% Upside)

Insider Trades by Quarter for Star Bulk Carriers (NASDAQ:SBLK)

Star Bulk Carriers logoStar Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company's vessels transport a range of major bulks, including iron ores, coal, and grains, as well as minor bulks, such as bauxite, fertilizers, and steel products. As of March 16, 2021, it had a fleet of 128 vessels with an aggregate capacity of approximately 14.1 million deadweight tons, including 17 Newcastlemax, 22 Capesize, 2 Mini Capesize, 7 Post Panamax, 41 Kamsarmax, 2 Panamax, 20 Ultramax, and 17 Supramax vessels. Read More 

#9 - PennyMac Mortgage Investment Trust (NYSE:PMT)

Dividend Yield: 9.03%
Annual Dividend Payout: $1.88
Earnings Per Share: $2.31
Payout Ratio: 0.0%
Consensus Rating: Hold
Consensus Price Target: $19.75 (5.3% Downside)

Insider Trades by Quarter for PennyMac Mortgage Investment Trust (NYSE:PMT)

PennyMac Mortgage Investment Trust logoPennyMac Mortgage Investment Trust, a specialty finance company, invests primarily in mortgage-related assets in the United States. The company operates through Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Correspondent Production segments. Its Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds. Read More 

#10 - Shenandoah Telecommunications (NASDAQ:SHEN)

Dividend Yield: 0.69%
Annual Dividend Payout: $0.34
Earnings Per Share: $2.01
Payout Ratio: 0.0%
Consensus Rating: Hold
Consensus Price Target: $49.50 (3.1% Upside)

Insider Trades by Quarter for Shenandoah Telecommunications (NASDAQ:SHEN)

Shenandoah Telecommunications logoShenandoah Telecommunications Company, together with its subsidiaries, provides a range of broadband communication services and cell tower colocation space in the Mid-Atlantic portion of the United States. Its Broadband segment offers broadband, video, and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky, via hybrid fiber coaxial cable under the Shentel brand, fiber optic services under the Glo Fiber brand, and fixed wireless network services under the Beam brand name. Read More 

#11 - Brigham Minerals (NYSE:MNRL)

Dividend Yield: 6.33%
Annual Dividend Payout: $1.28
Earnings Per Share: $0.87
Payout Ratio: 0.0%
Consensus Rating: Buy
Consensus Price Target: $16.44 (18.9% Downside)

Insider Trades by Quarter for Brigham Minerals (NYSE:MNRL)

Brigham Minerals logoBrigham Minerals, Inc owns and operates a portfolio of mineral and royalty interests in the continental United States. The company primarily holds mineral and royalty interests in the Permian Basin in West Texas and New Mexico; the South Central Oklahoma Oil Province and Sooner Trend Anadarko Basin Canadian and Kingfisher Counties plays in the Anadarko Basin of Oklahoma; the Denver-Julesburg Basin in Colorado; and Wyoming and the Williston Basin in North Dakota. Read More 

#12 - Fomento Económico Mexicano (NYSE:FMX)

Dividend Yield: 0.67%
Annual Dividend Payout: $0.56
Earnings Per Share: $2.96
Payout Ratio: 0.0%
Consensus Rating: Buy
Consensus Price Target: $112.50 (36.4% Upside)

Insider Trades by Quarter for Fomento Económico Mexicano (NYSE:FMX)

Fomento Económico Mexicano logoFomento Económico Mexicano, SAB. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages, including low-sugar or sugar-free carbonated beverages; refreshing juices, nectars, and fruit-based drinks; purified, and carbonated and flavored water; coffees, teas, and sports and energy drinks; and dairy products and products based on vegetable protein. Read More 

#13 - Sunoco (NYSE:SUN)

Dividend Yield: 8.67%
Annual Dividend Payout: $3.30
Earnings Per Share: $3.78
Payout Ratio: 87.3%
Consensus Rating: Hold
Consensus Price Target: $33.43 (9.4% Downside)

Insider Trades by Quarter for Sunoco (NYSE:SUN)

Sunoco logoSunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States. It operates in two segments, Fuel Distribution and Marketing, and All Other. The Fuel Distribution and Marketing segment purchases motor fuel from independent refiners and oil companies and supplies it to independently operated dealer stations, distributors and other consumer of motor fuel, and partnership operated stations, as well as to commission agent locations. Read More 

#14 - Rayonier (NYSE:RYN)

Dividend Yield: 3.17%
Annual Dividend Payout: $1.08
Earnings Per Share: $0.40
Payout Ratio: 270.0%
Consensus Rating: Hold
Consensus Price Target: $33.00 (3.2% Downside)

Insider Trades by Quarter for Rayonier (NYSE:RYN)

Rayonier logoRayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand. As of December 31, 2020, Rayonier owned or leased under long-term agreements approximately 2.7 million acres of timberlands located in the U.S. Read More 

#15 - Cogent Communications (NASDAQ:CCOI)

Dividend Yield: 4.02%
Annual Dividend Payout: $3.12
Earnings Per Share: $1.05
Payout Ratio: 0.0%
Consensus Rating: Buy
Consensus Price Target: $86.43 (11.6% Upside)

Insider Trades by Quarter for Cogent Communications (NASDAQ:CCOI)

Cogent Communications logoCogent Communications Holdings, Inc, through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa. The company offers on-net Internet access and private network services to law firms, financial services firms, advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, Web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. Read More 

#16 - General Electric (NYSE:GE)

Dividend Yield: 0.31%
Annual Dividend Payout: $0.04
Earnings Per Share: $0.25
Payout Ratio: 0.0%
Consensus Rating: Buy
Consensus Price Target: $14.64 (14.6% Upside)

Insider Trades by Quarter for General Electric (NYSE:GE)

General Electric logoGeneral Electric Company operates as a high-tech industrial company worldwide. The company's Power segment offers heavy-duty and aeroderivative gas turbines for utilities, independent power producers, and industrial applications; maintenance, service, and upgrade solutions to plant assets and their operational lifecycle; steam power technology for fossil and nuclear applications, including boilers, generators, steam turbines, and air quality control systems; and advanced reactor technologies solutions comprising reactors, fuels, and support services for boiling water reactors. Read More 

#17 - TFS Financial (NASDAQ:TFSL)

Dividend Yield: 5.48%
Annual Dividend Payout: $1.12
Earnings Per Share: $0.26
Payout Ratio: 430.8%
Consensus Rating: N/A


Insider Trades by Quarter for TFS Financial (NASDAQ:TFSL)

TFS Financial logoTFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. Its deposit products include savings, money market, checking, individual retirement, and other qualified plan accounts, as well as certificates of deposit. The company also provides residential real estate mortgage loans, residential construction loans, and home equity loans and lines of credit, as well as purchase mortgages and first mortgage refinance loans. Read More 

#18 - Terex (NYSE:TEX)

Dividend Yield: 1.14%
Annual Dividend Payout: $0.48
Earnings Per Share: $2.58
Payout Ratio: 18.6%
Consensus Rating: Buy
Consensus Price Target: $44.50 (8.7% Upside)

Insider Trades by Quarter for Terex (NYSE:TEX)

Terex logoTerex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. The company operates in two segments, Aerial Work Platforms (AWP) and Materials Processing (MP). The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers principally under the Terex and Genie brand names. Read More 

#19 - Betterware de Mexico (NASDAQ:BWMX)

Dividend Yield: 4.12%
Annual Dividend Payout: $1.71
Earnings Per Share: $1.96
Payout Ratio: 0.0%
Consensus Rating: Buy
Consensus Price Target: $53.00 (30.4% Upside)

Insider Trades by Quarter for Betterware de Mexico (NASDAQ:BWMX)

Betterware de Mexico logoBetterware de Mexico, SAB. de C.V. operates as a direct-to-consumer company in Mexico. The company focuses on the home organization segment with a product portfolio, including home solutions, kitchen and food preservation, technology and mobility, and other categories. It serves approximately 3 million households through distributors and associates in approximately 800 communities throughout Mexico. Read More 

#20 - Viper Energy Partners (NASDAQ:VNOM)

Dividend Yield: 5.46%
Annual Dividend Payout: $1.00
Earnings Per Share: $0.13
Payout Ratio: 0.0%
Consensus Rating: Buy
Consensus Price Target: $15.83 (13.9% Downside)

Insider Trades by Quarter for Viper Energy Partners (NASDAQ:VNOM)

Viper Energy Partners logoViper Energy Partners LP owns, acquires, and exploits oil and natural gas properties in North America. As of December 31, 2020, it had mineral interests in 24,350 net royalty acres in the Permian Basin and Eagle Ford Shale; and estimated proved oil and natural gas reserves of 99,392 thousand barrels of crude oil equivalent. Read More 

 

20 "Past Their Prime" Stocks to Dump From Your Portfolio

Did you know the S&P 500 as we know it today does not look anything close to what it looked like 30 years ago? In 1987, IBM, Exxon, GE, Shell, AT&T, Merck, Du Pont, Philip Morris, Ford, and GM had the largest market caps on the S&P 500. ExxonMobil is the only company on that list to remain in the top 10 in 2017. Even 15 years ago, companies like Radio Shack, AOL, Yahoo, and Blockbuster were an important part of the S&P 500. Now, these companies no longer exist as public companies.

As the years go by, some companies lose their luster, and others rise to the top of the markets. We've already seen this in the last few decades, with tech companies surpassing industrial and energy companies that once dominated the S&P 500. It's hard to know what the next mega-trend will be that will knock Apple, Google, and Amazon off the top rankings of the S&P 500, but we know that companies won't stay on the S&P 500 forever.

We've identified 20 companies that are past their prime. They aren't at risk of a near-term delisting from the S&P 500, but they show negative earnings growth for the next several years. If you own any of these stocks, consider selling them now before they become the next Yahoo, Radio Shack, Blockbuster, AOL and are sold off for a fraction of their former value.

View the "20 "Past Their Prime" Stocks to Dump From Your Portfolio" Here.







MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.