7 Dividend Stocks to Sell Before They Die With stocks still in a bear market, adding dividend stocks may look very appealing right now. Even if the overall market keeps dropping, stocks with steady payouts could still produce positive returns for your portfolio. However, while there are opportunities out there for income-focused investors, there are also plenty of dividend stocks to sell if you own them and avoid if you don’t. As financial commentator Raymond DeVoe Jr. famously put it, “ more money has been lost reaching for yield than at the point of a gun .” So-called “yield traps,” or high-yielding stocks with high dividend cut risk, have long ensnared dividend investors. Investors buy them, thinking they are a seamless way to generate positive returns, only to see the situation turn out badly, either due to the company cutting|suspending its fat dividend payouts, and|or falling in price to an extent that outweighs the yield. These seven dividend stocks to sell all have a high risk of being yield traps. Although many of them have already tumbled in price, each one could keep dropping.