Sin Stocks - High Dividend Stocks with a Conscience

There is a group of stocks out there that people often refer to as Sin Stocks - and a lot of these Sin Stocks are high dividend stocks. There can be a place for these stocks in a dividend portfolio, however an investor must be aware of what they are investing in and comfortable with the direction of the company.

A couple of sin stocks examples include Altria Group or Las Vegas Sands. To invest in these, and investor must be comfortable with investing in Cigarette stocks or gambling. Some folks are morally opposed to this and thus these stocks would not make good investments. However, Altria sports a dividend yield of over 4% so it can have a pretty good impact on a dividend paying portfolio. Something to consider.

I am not writing this post to debate if it is right or wrong to invest in these stocks - each person needs to make this decision for themselves. However, these sin stocks can include some high dividend stocks that should be at least considered.