Omnicom (OMC) was formed in 1986 by the merger of three large advertising conglomerates. Today the firm is the world's second largest provider of advertising and marketing communication services to over 5,000 clients in more than 100 countries.  As a full-service agency, Omnicom provides numerous services, including designing ad campaigns, making the actual ads, determining where the ads should be placed and distributed, media buying, account management, public relations, consulting, and more. Most clients use ad agencies to perform all tasks of a campaign and prefer to conduct most of their business with just one or two agencies to streamline costs and efficiencies. Omnicom owns more than 1,500 advertising agencies that specialize in over 30 marketing disciplines, including branding, content [...]

Brookfield Infrastructure Partners L.P. (BIP) is one of the fastest growing and most diversified utilities in the world. In fact, the limited partnership (a corporate structure similar to that of a Master Limited Partnership) owns dozens of infrastructure assets located across five continents. Some examples of the partnership's assets include electrical transmission lines, railroads, toll roads, natural gas pipelines, global ports, telecom towers, data centers, water infrastructure, and fiber optic lines. 

Enbridge (ENB) investors have had a rough few years, with shares of North America's largest pipeline operator losing more than 20% since early 2015, including dividends. Unfortunately, investors received more bad news earlier this month. On June 3, the Minnesota Court of Appeals overturned approval for an important part of the firm's Line 3 Replacement Project, which was expected to account for about 50% of Enbridge's growth spending over the next few years. The court's decision comes after Enrbidge already announced a 1-year delay on the $6.8 billion project that was at the core of its plan to grow its dividend 10% in 2020 and self-fund long-term cash flow growth of 5% to 7% per year.  Shares of Enbridge have slumped nearly 7% since [...]

Phillips 66 (PSX) shares are down about 30% since their mid-2018 high. As a result, the stock's dividend yield now exceeds 4%, the highest level since Phillips 66 was spun off from ConocoPhillips (COP) in 2012.  Let's take a closer look at why the market has become pessimistic about Phillips 66 and assess why the stock appears to remain a reasonable income option for certain dividend investors to consider.