BGG - Don't Trust Briggs & Stratton Corporation's Dividend Yield
In a low interest rate environment, many investors are left seeking high yielding stocks as a means to generate income streams. The need for dividend yield can sometimes bring trouble as some dividend paying stocks yield a high amount because of underlying risks within the business. An example of this is Briggs & Stratton Corporation (BGG). Despite a generous 4.49% yield, Briggs & Stratton is ripe with risk. The business has taken a sharp downturn, and the financials are not poised to support the dividend payout. While the dividend yield may attract investors,