2 Dividend Stocks to Buy, One to Sell

Long-time readers of my articles know I believe every buy-and-hold portfolio needs dividend stocks. The right dividend stocks for growth and to mitigate the ups and downs caused by daily headlines. The surest path I know to wealth creation is buying above-average yield companies that are likely to increase their dividends year after year. Be careful, though -- simply buying the highest-paying stocks can cause your portfolio to step in what's known as a dividend trap. That's a stock that appears attractive at first but you quickly find out why when the company's management decides to reduce or eliminate its dividend payments.

I present my latest dividend stars that should appreciate and pay you while you wait within minimal concern that the dividend flow will dry up: Big 5 Sporting Goods (BGFV) operates as a sporting goods retailer in the western United States. General Electric (GE) is one of the largest and most diversified industrial corporations in the world. I've been a fan of this stock since 2008. Bristol-Myers Squibb (BMY), a biopharmaceutical company, engages in the discovery, development, licensing, manufacturing, marketing, distribution, and sale of biopharmaceutical products that help patients prevail over serious diseases worldwide.

Source: The Street

Related Articles:
- 7 Dividend Growth Stocks That Could Make You Wealthy
- 12 High-Yield Managed Distribution Policy Funds
- The 2013 Elite Dividend Stocks List
- 6 High-Yield Dividend Achievers With 25 Years of Increases
- Investments That Pay Monthly Dividends