The 4 Worst Dividend Stocks For A Bearish 2019

What good is a 2% or 3% annual yield if you can lose it in a single trading session?The Nasdaq and Russell 2000 are officially in bear markets, which means they’re down 20% from their peak. But bear markets don’t have to stop at 20%.They can just keep on collapsing. And the weakest links can fall much, much farther than 20%.In fact, they often do. Just take a look below at the 444 S&P 500 components that were part of the index during the 2007-09 selloff. Only a handful fell even close to the bear-market minimum. Meanwhile, almost a quarter hemorrhaged 70% of their value or more!Regular readers know that I’m expecting a relief rally any hour now. That will be a good opportunity to consider selling these four dividend stocks, which are going to face significant headwinds in 2019 – especially if the broader markets struggle.Johnson & Johnson Dividend Yield: 2.8% Typically, consumer staples companies – which deliver the kinds of goods that people simply need no matter what economic situation arises – are no-brainer investments in a down market. If you happen to add a massive healthcare business to the mix, all the better. And yet, Johnson & Johnson – which is responsible for Johnson’s, Band-Aid, Neutrogena and other consumer brands, as well as drugs including Remicade and Stelara – couldn’t be more unbuyable right now.J&J spent 2018 in court battling off cases related to claims that their baby powder contained asbestos and caused mesothelioma to a few people who were exposed to it. “We will continue to defend the safety of our product because it does not contain asbestos or cause mesothelioma,” the company said in May after losing a ruling in California.