What are the disadvantages of buying a stock paying out high dividends? like, FGP, APU, ETP and SPH?

Some people think that a company weakens its balance sheet by paying out dividends rather than reinvesting them. Chasing ex dividend dates around can interfere with and overcomplicate the mathematics of the trading process. During times of low interest rates, high dividend stocks may be overpriced and not go up as much as growth stocks when the economy improves or when interest rates increase.