10 Excessive Yield Dividend Shares With out Dividend Progress To Contemplate Promoting

Printed on May 14th, 2025 by Bob Ciura

We’ve obtained only one promote rule throughout the Sure Passive Income E-newsletter.

That one rule is to advertise when a stock breaks its streak of consecutive annual dividend will enhance. This occurs when a stock does any of the subsequent:

1. Fails to increase its dividend (flat year-over-year-dividends)
2. ​Reduces its dividend (declining year-over-year dividends)
3. ​Eliminates its dividend

This means dividend protection fully dictates as soon as we promote.

The ultimate phrase objective of the Sure Passive Income E-newsletter, and dividend progress investing usually, is to grasp dividend progress over time (as a result of the title implies).

So long as dividends are rising, we have to buy and keep ceaselessly. Having additional selling requirements can intervene with the long-term dividend compounding of any earlier buy.

For that motive, we advocate dividend progress consumers cope with shares with prolonged histories of accelerating dividends yearly.

A most important occasion is the Dividend Aristocrats, a select group of 69 S&P 500 shares with 25+ years of consecutive dividend will enhance.

There are presently 69 Dividend Aristocrats. You presumably can receive an Excel spreadsheet of all 69 Dividend Aristocrats (with metrics that matter just like dividend yields and price-to-earnings ratios) by clicking the hyperlink beneath:

Disclaimer: Sure Dividend is not going to be affiliated with S&P World in any method. S&P World owns and maintains The Dividend Aristocrats Index. The information on this text and downloadable spreadsheet depends on Sure Dividend’s private overview, summary, and analysis of the S&P 500 Dividend Aristocrats ETF (NOBL) and totally different sources, and is meant to help specific individual consumers larger understand this ETF and the index upon which it’s based totally. Not one of many information on this text or spreadsheet is official data from S&P World. Search the recommendation of S&P World for official information.

Nevertheless when a stock fails to generate dividend progress, it isn’t doing what we purchased it for.

For a dividend progress investor, selling a stock that isn’t rising its dividend is a lot like disposing of a fridge that doesn’t maintain meals chilly – in each case, the reason you bought is not authentic.

This article will speak about 10 dividend shares that can have participating yields, nonetheless shouldn’t have dividend progress–which means consumers focused solely on rising income should keep in mind selling.

The file is sorted by current yield, from lowest to highest.

Desk of Contents

You presumably can instantly bounce to any specific a part of the article by using the hyperlinks beneath:

Extreme Dividend Stock To Ponder Selling #10: Oxford Sq. Capital (OXSQ)

Oxford Sq. Capital Corp. is a BDC (Enterprise Development Agency) specializing in financing early- and middle-stage corporations by loans and investments in collateralized mortgage obligations.

On the end of ultimate quarter, your complete truthful value of Oxford Sq.’s funding portfolio stood at about $243.2 million all through 61 positions, allotted roughly 61% in secured debt (48% first-lien, 13% second-lien), 38% in CLO equity, and about 1% in equity or totally different investments. Last 12 months, the BDC generated roughly $42.7 million in full funding income.

On April twenty fifth, 2025, Oxford Sq. Capital reported its first-quarter 2025 outcomes for the interval ending March thirty first, 2025. The company generated about $10.2 million in full funding income, down barely from $10.7 million in Q1 2024, primarily attributable to lower curiosity income from debt investments.

The weighted frequent yield on debt investments fell to 14.3%, down from 15.8% at year-end. The BDC’s environment friendly yield on CLO equity investments rose barely to 9.0%, whereas the cash distribution yield on cash-generating CLO equity declined marginally to 16.0%. Full payments have been $4.1 million, roughly flat as compared with $4.2 million in Q1 2024.

Click on on proper right here to acquire our most recent Sure Analysis report on OXSQ (preview of internet web page 1 of three confirmed beneath):

Extreme Dividend Stock To Ponder Selling #9: Xerox Firm (XRX)

Xerox Firm traces its lineage once more to 1906 when The Haloid Photographic Agency began manufacturing photographic paper and equipment. By way of a sequence of mergers and spinoffs, the Xerox everyone knows proper this second was normal.

Xerox spun off its enterprise processing unit in 2017 (now known as Conduent) and now focuses on design, enchancment, and product sales of doc administration methods.

In February, the company decrease its quarterly dividend by 50%.

Xerox reported first quarter financial outcomes on May 1st. Quarterly earnings of $1.46 billion missed estimates by $60 million. Adjusted earnings-per-share of -$0.06 per share missed analyst estimates by $0.03 per share.

Click on on proper right here to acquire our most recent Sure Analysis report on XRX (preview of internet web page 1 of three confirmed beneath):

Extreme Dividend Stock To Ponder Selling #8: BCE Inc. (BCE)

BCE Inc. is a telecommunications and media agency that provides communications suppliers throughout the following enterprise fashions: Bell Communication and Know-how Corporations (“CTS”), which includes Wi-fi and Wireline, and Bell Media.

BCE addresses residential prospects along with small- and medium-sized corporations and large enterprise prospects. BCE was primarily based in 1970, is headquartered in Verdun, Canada. Shares are listed on the NYSE and on the TSX in Toronto.

BCE reported its This fall and full-year 2024 outcomes on 2/6/2025. For the quarter, its working revenues fell 0.8% 12 months over 12 months (“YOY”) to C$6.4 billion, its adjusted web earnings rose 4.1% to C$719 million, whereas its adjusted EBITDA (a cash stream proxy) rose 1.5% to C$2.6 billion.

Adjusted earnings-per-share (“EPS”) rose 3.9% to C$0.79 versus the an identical quarter a 12 months up to now. It moreover generated cash flows from working actions of C$1.9 billion (down 21%) and free cash stream (“FCF”) of C$874 million, down 32% YOY.

For 2024, working earnings was C$24.4 billion, down 1.1% YOY. Adjusted EBITDA climbed 1.7% to C$10.6 billion with the margin rising 1.2% to 43.4%. Adjusted EPS declined 5.3%.

In May, BCE decrease its dividend by 56%.

Click on on proper right here to acquire our most recent Sure Analysis report on BCE (preview of internet web page 1 of three confirmed beneath):

Extreme Dividend Stock To Ponder Selling #7: Prospect Capital (PSEC)

Prospect Capital Firm is a Enterprise Development Agency, or BDC, that provides private debt and private equity to middle–market companies throughout the U.S.

The company focuses on direct lending to proprietor–operated companies, along with sponsor–backed transactions. Prospect invests primarily in first and second lien senior loans and mezzanine debt, with occasional equity investments. 

Prospect posted second quarter earnings on February tenth, 2025, and outcomes have been significantly weak. Web funding income per-share acme to twenty cents, whereas full funding income fell from $211 million to $185 million year-over-year.

NII per-share fell from 21 cents in Q1, and 24 cents from the year-ago interval. Full curiosity income was $169 million for the quarter, down from $185 million throughout the prior quarter, and $195 million a 12 months up to now. It moreover missed estimates by about $2 million.

Full originations have been $135 million, down sharply from $291 million throughout the earlier quarter. Full funds and product sales have been $383 million, up from $282 million in Q1.

Click on on proper right here to acquire our most recent Sure Analysis report on PSEC (preview of internet web page 1 of three confirmed beneath):

Extreme Dividend Stock To Ponder Selling #6: New York Mortgage Perception (NYMT)

New York Mortgage Perception acquires, invests in, funds, and manages mortgage-related belongings and totally different financial belongings. The idea doesn’t private bodily precise property, nonetheless barely seeks to deal with a portfolio of investments that are precise property related.

The idea invests in residential mortgage loans, multi family CMBS, hottest equity, and three means partnership equity.

New York Mortgage Perception posted third quarter earnings on October thirtieth, 2024, and outcomes have been ahead of expectations, nonetheless nonetheless pretty weak.

Adjusted earnings-per-share obtained right here to 39 cents, which was 36 cents ahead of sharply lowered estimates. Web curiosity income, which is akin to excessive line earnings, was $20.24 million, ahead of $16.79 million from the year-ago interval.

The quarter seen the idea purchase $372 million in Firm RMBS with a median coupon of 5.33%. In addition to, the idea purchased $624 million in residential loans with a median gross coupon of 9.72%.

Click on on proper right here to acquire our most recent Sure Analysis report on NYMT (preview of internet web page 1 of three confirmed beneath):

Extreme Dividend Stock To Ponder Selling #5: B&G Meals, Inc. (BGS)

B&G Meals, Inc. is a consumer staples agency with operations throughout the U.S., Canada, and Puerto Rico. Quite a lot of the agency’s well-known producers embody Inexperienced Huge, Cream of Wheat, Cary’s, Ortega, Mrs. Dash, and Maple Grove Farms, with 50+ producers in full.

It product portfolio focuses on shelf-stable, frozen and snack producers. On December 1st, 2020, B&G Meals completed the acquisition of Crisco.

B&G Meals reported first-quarter financial outcomes on May seventh. For the quarter, the company recorded web product sales of $425 million, which missed analyst estimates by $10.4 million. Adjusted earnings-per-share of $0.04 missed estimates, which known as for $0.08 per share.

The company revised full-year guidance, now anticipating 2025 earnings of $1.86 billion to $1.91 billion.

Click on on proper right here to acquire our most recent Sure Analysis report on BGS (preview of internet web page 1 of three confirmed beneath):

Extreme Dividend Stock To Ponder Selling #4: ARMOUR Residential REIT (ARR)

ARMOUR Residential invests in residential mortgage-backed securities that embody U.S. Authorities-sponsored entities (GSE) just like Fannie Mae and Freddie Mac.

It moreover consists of Ginnie Mae, the Authorities Nationwide Mortgage Administration’s issued or assured securities backed by fixed-rate, hybrid adjustable-rate, and adjustable-rate home loans.

Unsecured notes and bonds issued by the GSE and the US Treasury, money market units, and non-GSE or authorities agency-backed securities are examples of various sorts of investments.

Throughout the fourth quarter of 2024, ARMOUR Residential REIT, Inc. reported a GAAP web lack of $49.4 million, or $0.83 per frequent share. No matter this, the company achieved distributable earnings of $46.5 million, equating to $0.78 per frequent share, which fell in want of the anticipated $0.97. Web curiosity income for the quarter was $12.7 million.

All through this period, ARMOUR raised roughly $136.2 million by the issuance of about 7.2 million shares by the use of an in the marketplace offering program. The company maintained its month-to-month frequent stock dividend at $0.24 per share, totaling $0.72 for the quarter.

Click on on proper right here to acquire our most recent Sure Analysis report on ARMOUR Residential REIT Inc (ARR) (preview of internet web page 1 of three confirmed beneath):

Extreme Dividend Stock To Ponder Selling #3: Kohl’s Firm (KSS)

Kohl’s traces its roots once more to a single retailer: Kohl’s Division Retailer in 1962. Since then, it has grown right into a pacesetter throughout the space – offering women’s, males’s and youngsters’s apparel, housewares, gear, and footwear in further than 1,100 retailers in 49 states. The company should generate roughly $16 billion in product sales this 12 months.

From 2007 by 2018, Kohl’s was able to develop earnings-per-share by about 4.7% yearly. Nonetheless, it should be well-known that this was pushed by the company’s in depth share repurchase program. Over that interval the share rely was virtually halved, a reduction cost of -5.6% per 12 months.

With the share repurchase program having been paused, we don’t see that as a tailwind within the interim. Fears of struggling margins have confirmed to be correct, as a result of the last few years have seen declining profitability. We observe that 2021’s earnings has the potential to be the best for some time.

In March, Kohl’s decrease its quarterly dividend by 75%.

Click on on proper right here to acquire our most recent Sure Analysis report on KSS (preview of internet web page 1 of three confirmed beneath):

Extreme Dividend Stock To Ponder Selling #2: Orchid Island Capital (ORC)

Orchid Island Capital is a mortgage REIT that’s externally managed by Bimini Advisors LLC and focuses on investing in residential mortgage-backed securities (RMBS), along with pass-through and structured firm RMBSs.

These financial units generate cash stream based totally on residential loans just like mortgages, subprime, and home-equity loans.

Throughout the fourth quarter of 2024, Orchid Island Capital, Inc. reported a web income of $0.07 per share, a decrease from $0.24 per share throughout the earlier quarter. The company’s book value declined from $8.40 on the end of the third quarter to $8.09 at year-end.

As of December 31, 2024, Orchid Island Capital’s portfolio consisted of roughly $4.2 billion in residential mortgage-backed securities (RMBS), with a web weighted frequent coupon of three.5%. The company’s leverage ratio stood at 8.1 cases, reflecting its strategy of utilizing leverage to bolster returns.

Click on on proper right here to acquire our most recent Sure Analysis report on Orchid Island Capital, Inc. (ORC) (preview of internet web page 1 of three confirmed beneath):

Extreme Dividend Stock To Ponder Selling #1: Icahn Enterprises LP (IEP)

By way of its subsidiaries, Icahn Enterprises L.P. operates in funding, energy, automotive, meals packaging, metals, precise property and residential fashion corporations in america and Internationally.

The company’s Funding part focuses on discovering undervalued companies to allocate capital by its different private funding funds.

Very important positions embody FirstEnergy Firm (FE), Xerox Firm (XRX), Herc Holdings, Inc. (HRI), Newell Producers, Inc. (NWL), and Southwest Gas Holdings, Inc. (SWX).

On November eighth, 2024, the partnership halved its quarterly distribution to $0.50. This observe remaining 12 months’s 50% decrease. On the an identical day, the partnership reported its Q3 outcomes for the interval ending September thirtieth, 2024.

For the quarter, revenues obtained right here in at $2.22 billion, 26% lower year-over-year, whereas the income per unit was $0.05 as compared with a harmful $0.01 in Q3-2023. Lower product sales have been attributable to Icahn’s portfolio recording weaker outcomes as compared with remaining 12 months.

Click on on proper right here to acquire our most recent Sure Analysis report on IEP (preview of internet web page 1 of three confirmed beneath):

Closing Concepts & Additional Finding out

Extreme dividend shares are naturally attention-grabbing on the ground, attributable to their extreme dividend yields.

Nevertheless income consumers wish to confirm they don’t fall proper right into a dividend ‘lure’, which means shopping for a stock solely attributable to its extreme yield, solely to see the company decrease or take away the dividend payout.

Income consumers in the hunt for progress should keep in mind selling the ten dividend shares on this text, on account of they haven’t displayed any dividend progress. In a number of circumstances, these shares have already decrease their dividends, violating one among many three pointers of the Sure Passive Income publication.

In case you’re captivated with discovering high-quality dividend progress shares and/or totally different high-yield securities and income securities, the subsequent Sure Dividend sources is perhaps useful:

Extreme-Yield Explicit individual Security Evaluation

Totally different Sure Dividend Sources