Author: Tim Plaehn, Investors Alley

While their prices have dropped with the rest of the market, they pay steady dividends and their 7.9% to 10% yields are exceptional.

Everyone else thinks they’re safe, but it’s time to dump them.

These stocks offer stable businesses and the ability to continue to pay and grow their dividends.

There’s tremendous appeal to owning shares of high-yield stocks, however, dividend cuts happen. If you want to build a high-yield income stream, the primary skill to acquire is how to separate the dangerous high-yield stocks (like these) from the more secure.