Paychex (PAYX) was founded in 1971 and provides a range of payroll, human resource, and benefits outsourcing services to more than 650,000 small and medium-sized businesses. The company's wide range of services includes: Payroll processing: calculate, prepare, and delivery employee payroll checks; prepare payroll tax returns; collect and remit client’s payroll obligations; time tracking, etc. [...]

Consumer staples companies like J.M. Smucker (SJM) are often owned for their recession-resistant qualities and safe dividends. Food and beverage makers tend to be low volatility stocks that serve as defensive holdings in conservative dividend growth portfolios. But Smucker has had a challenging year, down 24% in 2018 and off 40% from its mid-2016 high. [...]

Shares of LyondellBasell (LYB) have slumped nearly 30% since late August, performing much worse than the S&P 500's loss of 14%. The stock's dividend yield now sits near 5%, its highest level since Lyondell began paying dividends in 2011. With analysts projecting a double-digit earnings decline in the year ahead, the price of oil plunging [...]

Altria's (MO) share price has slumped over 30% this year, making it one of the worst in history for the cigarette maker's shareholders. Altria's dividend yield now sits at 6.7%, its highest level since the Financial Crisis. A number of factors are behind Altria's rough year, including various negative regulatory announcements from the FDA, slightly [...]

Compass Minerals (CMP) has been in business for more than 170 years and has increased its dividend each year since it began making payouts in 2004. Despite its appealing long-term track record, and the recession-resistant nature of its salt and fertilizer businesses, CMP's stock price has slumped over 50% since reaching an all-time high in [...]

Shares of regulated utility PPL (PPL) slumped nearly 7% on Tuesday following a proposal made by the Office of Gas and Electricity Markets (Ofgem), the United Kingdom's energy regulator. In recent years PPL has generated around half of its earnings from the four electricity distribution networks it operates in the U.K. As we discussed in [...]

Shares of Johnson & Johnson (JNJ) dropped 10% on Friday, shedding $40 billion in market value to mark its worst trading day since 2002. The cause was a Reuters article claiming that insiders at J&J knew for decades that its baby powder "sometimes tested positive for small amounts of asbestos" without disclosing the issue to [...]

Making money in 2018 hasn’t been easy. In fact, 90% of the 70 asset classes (covering everything from stocks to bonds and commodities) tracked by Deutsche Bank posted negative total returns in dollar terms for the year through mid-November, per The Wall Street Journal. That’s the highest percentage on record going back to 1901 (the [...]

Over the past decade, the U.S. has seen its lowest interest rates in history which has made REITs, with their naturally high yields and low volatility, attractive so-called "bond alternatives." However, in reality, there are important differences between bonds and REITs that investors need to understand when deciding what asset allocation is right for them. [...]

With a 4.1% yield, Leggett & Platt (LEG) is one of the highest-yielding dividend aristocrats in the market, trailing only AT&T (T), AbbVie (ABBV), and Exxon Mobil (XOM). While the company has increased its dividend for 47 consecutive years, shares of Leggett & Platt are down more than 20% over the past year. As a [...]

Despite paying higher dividends each year since 2000, North American pipeline giant TransCanada (TRP) has seen its share price slump nearly 20% in 2018. As a result, TRP's dividend yield sits at 5.3%, near its highest level since the financial crisis. The midstream industry has been under pressure since the price of oil began tumbling [...]

Asset manager Invesco (IVZ) has seen its shares plunge over 50% in 2018, resulting in its dividend yield soaring to a record high of 6.9%. Although the company has increased its dividend each year for more than a decade, the stock's recent performance is causing many income income investors to feel anxious. Let's take a [...]

Whenever a high-yield stock falls significantly, it's natural that income investors want to know if it's just random noise (and potentially a buying opportunity) or a sign that something is wrong with a company's business model that could threaten the safety of the dividend. Magellan Midstream Partners (MMP) is one of the popular master limited [...]

Tobacco stocks have historically been a dependable source of generous and growing income, plus solid long-term total returns. However, not all cigarette stocks are created equal. In 2018, Vector Group (VGR) has seen its stock price plunge nearly 50%, worse than its major tobacco rivals (shares of Altria and Philip Morris have lost 23% and [...]

AT&T (T) has been in the spotlight much of this year. Not only does its satellite TV business continue bleeding subscribers, but the company's debt load ballooned following the firm's acquisition of Time Warner. With roughly $170 billion in net debt and $13 billion in annual dividend payments that consume more than half of AT&T's [...]