Author: Brett Owens, Contrarian Outlook

It’s time to prune weak names from your portfolio, starting with these investor darlings…

And on cue, right now they’re as cheap as they’ve been in 12 months…

Over the past five years, they’ve showered their shareholders with dividend growth from 100% to 1000% or better (and their share prices have soared along with their payouts)…

Wall Street’s supposedly elite group of stocks that have increased their annual payouts every year for at least a quarter-century — the Dividend Aristocrats — are peddled by advisers and pundits alike as supreme plays for income portfolios. And sure, a select few of them are (we’ll discuss two today). But a whole lot more of them are simply “dead money”, such as these two…