Jim Cramer Says Stay Away from This High-Yield Dividend Stock

"You said it right. They have been talking diversification for as long as I can remember. They came on the show once. They have an 8% yield. That means that something’s very wrong. When you get a yield that’s well above all the others, it’s not good. I’m going to have to say X-nay Deluxe Corp (NYSE:DLX) . I wish they had been able to—one of the great growth stocks of the ’80s."

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Disclosure: None. This article is originally published at Insider Monkey.