The following video is part of our "Motley Fool Conversations" series, in which consumer-goods editor/analyst Austin Smith discusses topics around the investing world.
In today's edition, Austin discusses one high-paying dividend stock that he thinks will bankrupt investors. It has an impressive yield and a low P/E, but they're both tethered to a dying business. And without a real catalyst for growth or massive strategic shift, the stock isn't worth the brokerage fee you'd pay to own it.
If you're interested in some of these dividends on your quest for high-yielding stocks, The Motley Fool has compiled a special free report outlining our 11 top, dependable, dividend-paying stocks. It's called "Secure Your Future With 11 Rock-Solid Dividend Stocks." You can access your complimentary copy today at no cost! Just click here to discover the winners we've picked.
At the time thisarticle was published Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple, Bank of America, Google, and United Parcel Service.Motley Fool newsletter services recommendApple and Google. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.