The Dividend Daily

The market environment is filled with uncertainty right now and the dividend stocks we cover are not immune from the volatility. We are constantly monitoring price action and company news to keep our Best Dividend Stocks list the premier product we intend it to be.  The trend is clearly down and we are not wasting any time not making the appropriate changes that need to be made. That being said, we have seven new deletions to report and no new additions. CPFL Energia-$61.21 (CPL)- weakness in Brazil and lagging stock performance has caused us to remove the stock from our recommended list. It is now rated a 3.3 out of 5 stars. Brunswick Corp-$11.87 (BC)-weak price action for this company as it is feeling the consumer weakness in its product segments. The company makes boats, marine engines, fitness equipment and other products. The stock is no longer recommended. The stock is now rated a 3.3 out of 5 stars. First Bancorp-$15.13 (FBNC)-this small cap North Carolina bank is starting to underperform and we have removed it from our recommended list. The stock is now rated a 3.3 out of 5 stars. SY Bancorp-$21.90 (SYBT)-this small cap bank, based in the Southeast is beginning ti underperform, so we are no longer recommending the stock for investment. The company is now rated a 3.2 out of 5 stars. Clarcor-$37.57 (CLC)-the maker of automobile filtration parts posted a second-quarter profit that  disappointed this week. With a minimal dividend yield on top of that, we felt there was too much risk to continue to hold the stock. The stock is now rated a 3.2 out of 5 stars. Washington Federal-$19.76 (WFSL)-savings and loan play is underperforming and there is concern about any further weakness in the sector. We have decided to remove the stock from the recommended list and the stock is now rated a 3.4 out of 5 stars. Federal Realty Investment Trust-$72.18 (FRT)-mid-cap REIT that specializes in owning retail properties is beginning to underperform as the consumer exposure with its portfolio properties is a big concern. The stock is no longer recommended for investment at these levels and the rating is now 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks as well as our ratings system here. Dividend.com

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