Published on May 19th, 2026 by Bob Ciura
Dividend stocks are naturally appealing for income investors, but not all dividend stocks are buys.
Income investors generally want to avoid dividend cuts whenever possible. Not only does a dividend cut result in a loss of income, but a company’s share price typically declines after announcing a dividend reduction or suspension.
With this in mind, we compiled a list of high dividend stocks with dividend yields above 5%. You can download your free copy of the high dividend stocks list by clicking on the link below:
The 10 stocks in this article all have Dividend Risk Scores of or ‘F’ (our lowest rating) in the Sure Analysis Research Database.
All 10 risky high dividend stocks have sell ratings from Sure Dividend, based on either deteriorating company fundamentals, weak dividend coverage, and/or an extremely high valuation.
The list is sorted by annual expected returns over the next five years.
Table of Contents
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- High Risk Stock To Sell Now #10: Banco BBVA Argentina S.A. (BBAR)
- High Risk Stock To Sell Now #9: Petrus Resources Ltd. (PTRUF)
- High Risk Stock To Sell Now #8: Banco Macro S.A. (BMA)
- High Risk Stock To Sell Now #7: Mesa Royalty Trust (MTR)
- High Risk Stock To Sell Now #6: H&R Real Estate Investment Trust (HRUFF)
- High Risk Stock To Sell Now #5: Chartwell Retirement Residences (CWSRF)
- High Risk Stock To Sell Now #4: Sabine Royalty Trust (SBR)
- High Risk Stock To Sell Now #3: Whitecap Resources (WCPRF)
- High Risk Stock To Sell Now #2: Fortitude Gold Corp. (FTCO)
- High Risk Stock To Sell Now #1: U.S. Global Investors (GROW)
High Risk Stock To Sell Now #10: Banco BBVA Argentina S.A. (BBAR)
- Annual Expected Returns: 1.0%
Banco BBVA Argentina (formerly BBVA Francés) is the third-largest private bank in Argentina by both deposits and total loans.
Operating as a subsidiary of the BBVA Group, the bank leverages its parent company’s international expertise to serve a diverse client base of about 3.7 million retail customers and a robust portfolio of small, medium, and large corporate entities.
While it provides a full suite of universal banking services, it is widely recognized for its dominance in Corporate & Investment Banking (CIB) and its strategic leadership in the automotive financing market through exclusive partnerships with major global manufacturers.
On March 4th, 2026, Banco BBVA Argentina reported Q4 and full-year results for the period ending December 31st, 2025. Full-year Net Interest Income fell 29.4% to $2.72 billion, mainly due to lower interest rates and faster liability repricing, while Net Fee Income rose 36.9% to $0.51 billion, supported by pricing actions and strong digital banking growth.
Net income dropped 43.2% year over year to $0.27 billion, or $1.28 per ADR, largely because loan loss allowances surged 181.2% to $0.81 billion as asset quality weakened in retail and consumer lending. The NPL ratio rose to 4.18% by year-end.
Still, Q4 showed improvement, with net income up 44.5% from Q3, helped by the FCA Compañía Financiera acquisition and a smaller drag from the net monetary position as inflation volatility eased.
Click here to download our most recent Sure Analysis report on BBAR (preview of page 1 of 3 shown below):
High Risk Stock To Sell Now #9: Petrus Resources Ltd. (PTRUF)
- Annual Expected Returns: 0.0%
Petrus Resources is a Canadian junior oil and gas producer based in Calgary, Alberta, focused on the development of low-cost, liquids-rich natural gas and light oil assets in Western Canada.
The company’s operations are concentrated in its core Ferrier area, located in the Alberta Deep Basin, where it targets the Cardium formation using horizontal drilling and multi-stage fracturing.
Petrus maintains full operatorship and high working interests in its assets, enabling tight cost control and capital efficiency. The company reports its financials in CAD.
On March 18th, 2026, Petrus Resources posted its Q4 results for the period ending December 31st, 2025. Petrus reported revenue of roughly $27.6 million before hedging, with realized oil and NGL prices lower than last year despite stronger natural gas pricing.
The company also generated about $9.8 million in funds flow, translating to $0.07 per diluted share. This compares to about $9.1 million, or $0.06 per diluted share last year, reflecting growth of about 8% year over year.
Total production averaged 9,568 boe/d, up from the prior year, while natural gas accounted for 64% of the product mix. For FY2025, FFS was $0.29.
Click here to download our most recent Sure Analysis report on PTRUF (preview of page 1 of 3 shown below):
High Risk Stock To Sell Now #8: Banco Macro S.A. (BMA)
- Annual Expected Returns: -0.3%
Banco Macro S.A. is one of the leading universal banks in Argentina and the largest domestically-owned private bank in the country by branch network.
The bank provides a comprehensive suite of financial products and services to over 6.3 million retail customers and 225,000 corporate clients.
On February 26th, 2026, Banco Macro posted its Q4 and full-year results for the period ending December 31st, 2025. The company reported net interest income of about $578.9 million, up 19% year over year, driven by 40% financing growth as higher lending rates partly offset pressure from deposit interest costs.
Net fee income reached $135.0 million, with modest growth supported by banking fee repricing and higher brokerage volumes. Net income was $69.3 million, rebounding from the previous quarter’s loss but below the roughly $93.1 million reported in 4Q 2024.
This resulted in earnings per ADR of $1.08, primarily impacted by a 243% year-over-year surge in loan loss provisions and an increase in administrative expenses linked to early retirement plans and severance payments.
Click here to download our most recent Sure Analysis report on BMA (preview of page 1 of 3 shown below):
High Risk Stock To Sell Now #7: Mesa Royalty Trust (MTR)
- Annual Expected Returns: -0.9%
Mesa Royalty Trust was formed in 1979 and is based in Houston, Texas. It holds overriding royalty interests in natural gas and oil properties in the Hugoton field of Kansas and the San Juan Basin of New Mexico and Colorado.
The Trust does not operate the assets it receives 11.44% of 90% of the net proceeds from production on these properties after operating and marketing costs, with the interests managed and developed by third-party working interest owners such as Hilcorp San Juan LP, Scout Energy Group, Simcoe LLC, and Red Willow Production Company.
On March 31st, 2026, Mesa Royalty Trust reported its results for the full year ended December 31st, 2025.
The Trust recorded distributable income of $0.2628 per unit before reserve adjustments, which after net changes to the Contingent Reserve resulted in $0.2328 per unit actually distributed, up from $0.2142 for the full year 2024.
Royalty income of $601,839 came entirely from the San Juan Basin, New Mexico properties operated by Hilcorp, while the Hugoton and San Juan Basin Colorado properties again generated no royalty income, as operating costs and prior period adjustments continued to exceed revenues.
Excess production costs increased to $938,738 as of year-end, up from $793,838 at year-end 2024, and must be recovered before cash flow from those properties can resume.
On April 20th, Mesa declared a $0.0402 per share share monthly dividend.
Click here to download our most recent Sure Analysis report on MTR (preview of page 1 of 3 shown below):
High Risk Stock To Sell Now #6: H&R Real Estate Investment Trust (HRUFF)
- Annual Expected Returns: -1.1%
H&R Real Estate Investment Trust holds a portfolio of 374 properties across Canada and the United States.
The portfolio includes 26 residential properties with a total of 8,929 rental units, mainly focused on expanding its presence in the U.S. Sun Belt.
Moreover, the REIT owns 64 industrial properties in Canada and one in the U.S., totaling 8.2 million square feet of space.
Additionally, H&R holds 16 office properties across North America, comprising 4.5 million square feet, and 34 retail properties in Canada along with 233 retail properties in the U.S., totaling 5.2 million square feet.
The company’s strategy these days focuses on residential and industrial assets, while reducing its exposure to office and retail sectors.
The REIT pays dividends monthly and reports its financials in CAD.
Click here to download our most recent Sure Analysis report on HRUFF (preview of page 1 of 3 shown below):
High Risk Stock To Sell Now #5: Chartwell Retirement Residences (CWSRF)
- Annual Expected Returns: -2.2%
Chartwell Retirement Residences is the largest operator of retirement residences in Canada, with a portfolio of 142 properties and 26,211 suites across Ontario, Quebec, British Columbia, and Alberta.
Its operations are primarily focused on independent supportive living (ISL) and independent living (IL), with additional exposure to assisted living (AL) and a small long-term care (LTC) segment.
About 97% of its suites are private pay. Chartwell targets middle-to-upper income seniors in urban and suburban markets, offering hospitality-driven housing with optional care services.
On May 7th, 2026, Chartwell Retirement Residences released its Q1 2026 results for the period ending March 31st, 2026. Property revenue was about $220.9 million in Q1 2026, an increase of $43.3 million, or 24.4%, from Q1 2025, reflecting continued occupancy gains, contributions from recent acquisitions, and solid same property performance.
FFO for the quarter rose to $62.4 million, a 52.4% increase from Q1 2025, while FFO per unit increased to $0.20 from $0.15 in the prior year period.
Click here to download our most recent Sure Analysis report on CWSRF (preview of page 1 of 3 shown below):
High Risk Stock To Sell Now #4: Sabine Royalty Trust (SBR)
- Annual Expected Returns: -4.2%
Sabine Royalty Trust (SBR) is an oil and gas trust set up in 1983 by Sabine Corporation. At initiation, the trust initially had an expected reserve life of 9 to 10 years but it has surpassed expectations by an impressive margin.
The trust consists of royalty and mineral interests in producing properties and proved oil and gas properties in Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas. It is roughly 2/3 oil and 1/3 gas in terms of revenues.
The trust’s assets are static in that no further properties can be added. The trust has no operations but is merely a pass through vehicle for royalties. SBR had royalty income of $82.6 million in 2024 and has a current market cap of $965 million.
In late February, SBR reported (2/27/26) financial results for the full fiscal 2025. Production of oil and gas decreased over the prior year.
In addition, the average realized price of oil dipped -17% while the average realized price of gas grew 39%. Distributable cash flow per unit dipped -5.5%.
Click here to download our most recent Sure Analysis report on SBR (preview of page 1 of 3 shown below):
High Risk Stock To Sell Now #3: Whitecap Resources (WCPRF)
- Annual Expected Returns: -4.7%
Whitecap Resources is a Canadian energy company engaged in the acquisition, development, and production of oil and natural gas across Western Canada.
Whitecap operates through four core regions: Northern Alberta & British Columbia, Central Alberta, Eastern Saskatchewan, and Western Saskatchewan.
It markets its production domestically and into the U.S., with exposure to benchmark pricing through various sales channels. It pays dividends on a monthly basis.
On May 12th, 2025, Whitecap Resources successfully completed its strategic combination with Veren, making it Canada’s seventh largest oil and natural gas producer and fifth largest natural gas producer.
The merger also positioned Whitecap as the largest landholder in Alberta’s Montney and Duvernay plays and a leading light oil producer in Saskatchewan. On July 9th, 2025, Whitecap Resources changed its OTC ticker from SPGYF to WCPRF after upgrading to the OTCQX.
On February 23rd, 2026, Whitecap Resources reported its Q4 and full-year results for the period ending December 31st, 2025. For the quarter, revenue was about $1.20 billion, up from $662 million in Q4 2024.
Funds flow came in at $635 million, while capital spending totaled $501 million, resulting in $134 million of free funds flow. The company realized gains of $45 million on commodity contracts.
Net income was $221 million, or $0.18 per share, compared with $167 million, or $0.29 per share, in Q4 2024. For FY2025, EPS was $0.72.
Click here to download our most recent Sure Analysis report on WCPRF (preview of page 1 of 3 shown below):
Risky High Dividend Stock #2: Fortitude Gold Corp. (FTCO)
- Annual Expected Returns: -10.8%
Fortitude Gold is a junior gold producer with operations in Nevada, U.S.A, one of the world’s premier mining-friendly jurisdictions.
The company targets high-grade gold open pit heap leach operations averaging one gram per tonne of gold or greater.
Its property portfolio currently consists of 100% ownership in seven high-grade gold properties. All seven properties are within an about 30-mile radius of one another within the prolific Walker Lane Mineral Belt.
The company generated $18.4 million in revenues last year, the majority of which were from gold, and is based in Colorado Springs, Colorado.
On May 11th, 2026, Fortitude Gold released its first-quarter results for the period ending March 31st, 2026. For the quarter, net sales came in at $3.2 million, marking a 51% decline compared to the first quarter of 2025.
The decline in revenue was primarily driven by a 71% drop in gold sales volume and a 73% decrease in silver sales volume. These declines were partially offset by an about 65% increase in realized gold prices and a 158% increase in silver prices.
In addition, Fortitude reported mine gross profit of $2.2 million compared to $3.3 million in the prior-year period, reflecting the lower net sales.
The company recorded a net loss attributable to Fortitude shareholders of $1.6 million versus net income of $1.2 million in the first quarter of 2025.
On a per-share basis, the company posted a net loss of $0.06, compared to net income of $0.05 per share in the prior-year period.
Click here to download our most recent Sure Analysis report on FTCO (preview of page 1 of 3 shown below):
Risky High Dividend Stock #1: U.S. Global Investors (GROW)
- Annual Expected Returns: -11.2%
U.S. Global Investors is a small investment adviser. The firm operates in two main segments: Investment Management Services and Corporate Investments.
The firm provides advisory and administrative services to U.S. Global Investors Funds (USGIF) and several exchange traded funds (ETFs), including the U.S. Global Jets ETF (JETS), U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU), U.S. Global Sea to Sky Cargo ETF (SEA), and The Travel UCITS ETF (TRIP), a European-based ETF.
U.S. Global primarily focuses on sectors such as airlines, gold and precious metals, natural resources, and emerging markets. As of its latest quarterly filings, the firm had about $1.4 billion in assets under management (AUM).
On May 13th, 2026, U.S. Global Investors posted its Q3 fiscal 2026 results for the period ending March 31st, 2026. The company reported operating revenues of $2.76 million, up from $2.10 million in the prior-year quarter and 10% higher than the prior quarter, reflecting higher advisory revenues and stronger average assets under management.
Total assets under management (AUM) were about $1.4 billion at quarter-end, up from approximately $1.2 billion a year earlier, though down modestly from the prior quarter.
Click here to download our most recent Sure Analysis report on GROW (preview of page 1 of 3 shown below):
Additional Reading
If you are interested in finding high-quality dividend growth stocks and/or other high-yield securities and income securities, the following Sure Dividend resources will be useful:
High-Yield Individual Security Research
Other Sure Dividend Resources
- Dividend Kings: 50+ years of rising dividends
- Dividend Aristocrats: 25+ years of rising dividends and in the S&P 500
- Monthly Dividend Stocks: Individual securities that pay out every month