Are these stocks value plays with sustainable payouts or dividend traps?

Many clients are craving retirement income. In this long era of low interest rates, there aren’t that many places to get significant income streams. Stocks with juicy dividends can seem like good investments for them, but it’s up to advisors to do more digging to see if these equities are likely a good deal for patient investors or are likely to go south soon.

The following 20 equities have the highest dividend yields, as of October 8, 2019, according to FactSet.

20. Simon Property Group Inc. (SPG): 5.5%; YTD price return: -13.2%

Simon Property Group is the largest real estate investment trust and shopping mall owner in the United States. It also owns properties in Europe and Asia.