Robust job creation and rising take-home pay are good for just about every business (except maybe pawn shops and loan sharks). But this company benefits more than most…  In fact, that’s what led us to recommend this stock to our Daily Paycheck subscribers back in 2012. And all it’s done since then is reward readers with one of the fastest-growing dividends you’ll find in the market — and a total return of 253% at last count. Paychex (Nasdaq: PAYX) handles the payroll for 650,000 clients, mostly small businesses with 10 to 50 employees — the economy’s growth engine. These payroll… Read More

Robust job creation and rising take-home pay are good for just about every business (except maybe pawn shops and loan sharks). But this company benefits more than most…  In fact, that’s what led us to recommend this stock to our Daily Paycheck subscribers back in 2012. And all it’s done since then is reward readers with one of the fastest-growing dividends you’ll find in the market — and a total return of 253% at last count. Paychex (Nasdaq: PAYX) handles the payroll for 650,000 clients, mostly small businesses with 10 to 50 employees — the economy’s growth engine. These payroll customers generally pay a flat service fee, as well as an additional fee for each worker enrolled. Thus, Paychex likes to see businesses hiring new employees. And after a soft February report, the labor market is roaring once again. There were 196,000 new jobs created in March, about 20,000 more than expected. Meanwhile, the number of unemployment claims fell to the lowest level since 1969 (and the workforce is much larger today than it was 50 years ago). #-ad_banner-#Payroll administration is a lucrative business. Paychex produced $1.1 billion in revenues last quarter, a healthy increase of 14%. Half of that… Read More

Blink and you missed it. One day there’s a “telecommunication sector,” the next day — thanks to the people who run the stock indices — it morphs into “communication services.”  Why should we care? With major S&P 500 companies from Facebook (Nasdaq: FB) to Netflix (Nasdaq: NFLX) now reassigned, the change is simply too big to be ignored. That goes for passive investors — ones who rely on an index-tracking approach — and active investors like us who frequently screen sectors and indices for ideas.  That’s because we all need to be aware that some of the most innovative and… Read More

Blink and you missed it. One day there’s a “telecommunication sector,” the next day — thanks to the people who run the stock indices — it morphs into “communication services.”  Why should we care? With major S&P 500 companies from Facebook (Nasdaq: FB) to Netflix (Nasdaq: NFLX) now reassigned, the change is simply too big to be ignored. That goes for passive investors — ones who rely on an index-tracking approach — and active investors like us who frequently screen sectors and indices for ideas.  That’s because we all need to be aware that some of the most innovative and fastest-growing companies of today no longer resign in the tech or consumer sectors. When we search for the next investment, whether it’s an index fund or a stock, we need to know where to look.  —Recommended Link— 3 Minutes to Collect 12 Times More Money Than Social Security Just make this simple little 3-minute call and you can get set up to start collecting your checks. All told, your checks can add up to $225,326 over the next 25 years. Imagine that! And these checks are supported by $1.75 billion in new money every year. Read More

One of the main strategies employed by my premium newsletter, The Daily Paycheck, is dividend reinvestment.  Thanks to the power of compounding, every dollar of income we reinvest back into the securities that pay them accumulates our money faster. Even one reinvested dividend makes your position bigger and its income generation potential larger.  In the simplest terms, dividend reinvestment can make you richer quicker.  The beauty of this strategy is in its simplicity. When you reinvest dividends, you put more money into the security, and this larger position pays you more the next time its dividend is due. This cycle continues… Read More

One of the main strategies employed by my premium newsletter, The Daily Paycheck, is dividend reinvestment.  Thanks to the power of compounding, every dollar of income we reinvest back into the securities that pay them accumulates our money faster. Even one reinvested dividend makes your position bigger and its income generation potential larger.  In the simplest terms, dividend reinvestment can make you richer quicker.  The beauty of this strategy is in its simplicity. When you reinvest dividends, you put more money into the security, and this larger position pays you more the next time its dividend is due. This cycle continues for as long as you are willing to hold the security and delay pocketing the income.  Easy enough, right?   But there is more to this strategy than you might realize at first. For instance, when you reinvest dividends, the frequency of the payments matters.  Let me explain… —Recommended Link— This $1,003-a-Month Income Boost Is Available to Everyone There’s a way for you to collect extra government cash. And it isn’t some “file and suspend” Social Security trick that only makes sense for a few people. This obscure opportunity allows you to collect government cash no… Read More

As many of you know, I make it a regular habit to pinpoint three or four stocks that are primed for a dividend hike in the coming month.  #-ad_banner-#Keep in mind, I’m not projecting these hikes within the next 6 to 12 months, but often within the next 6 to 12 days — so this is information you can act on immediately if you so choose. Even still, my premium High-Yield Investing readers get this information even sooner than when you’re reading this, giving them an extra jump.  Why do I point this out? Well, I have profiled 16 candidates… Read More

As many of you know, I make it a regular habit to pinpoint three or four stocks that are primed for a dividend hike in the coming month.  #-ad_banner-#Keep in mind, I’m not projecting these hikes within the next 6 to 12 months, but often within the next 6 to 12 days — so this is information you can act on immediately if you so choose. Even still, my premium High-Yield Investing readers get this information even sooner than when you’re reading this, giving them an extra jump.  Why do I point this out? Well, I have profiled 16 candidates so far this year. And as expected, nearly all of them have lifted their distributions.  Most have delivered sizeable gains as well. Genuine Parts (NYSE: GPC) (profiled here) is up 18.3% for the year; Air Products & Chemicals (NYSE: APD) has rallied 21.9%; and Best Buy (NYSE: BBY) (profiled here) has surged an impressive 39.3%.  Let’s keep that streak going.  Here are three more dividend payers to watch in the coming weeks…  1. American Water Works (NYSE: AWK) — Founded more than a century ago, American Water Works is the nation’s largest publicly-traded water utility. The company owns 600 treatment plants,… Read More

Today, I want to share one of the most important charts I reviewed this weekend.  It’s a daily chart of Lyft (NASDAQ: LYFT). And yes, it includes relatively little information. But the story that small amount of information tells is big.  That’s because, just 10 days after the first trade, the stock fell as much as 20% below its offering price. Take a look… As Lyft was falling, its rival Uber announced plans to begin trading at a valuation of $90 billion to $100 billion. That seems steep for a company that’s yet to earn a profit on operations, but… Read More

Today, I want to share one of the most important charts I reviewed this weekend.  It’s a daily chart of Lyft (NASDAQ: LYFT). And yes, it includes relatively little information. But the story that small amount of information tells is big.  That’s because, just 10 days after the first trade, the stock fell as much as 20% below its offering price. Take a look… As Lyft was falling, its rival Uber announced plans to begin trading at a valuation of $90 billion to $100 billion. That seems steep for a company that’s yet to earn a profit on operations, but it’s well below the $120 billion the company expected to be valued at as recently as November.  These two stories indicate that investors are wary about the rush of initial public offerings (IPOs), which can be a sign of a market top, as I wrote about a few weeks ago.  #-ad_banner-#You might remember that I shared research from the paper “Using IPOs to Identify Sector Opportunities” by Kevin Lapham that showed IPOs can point to tops in sectors. Lyft, Uber, and other IPOs are being classified as “tech stocks,” and that indicates it’s time to closely follow the NASADQ 100… Read More

Ask the average investor to name their favorite dividend-paying stock, and you normally get responses such as AT&T (NYSE: T), Pfizer (NYSE: PFE) and Procter & Gamble (NYSE: PG).  I won’t quibble with any of those names. These are time-tested businesses with above-average payouts that have served investors well over the years. They are also well-known and widely-held. You’ll find them in most dividend-oriented mutual funds and exchange-traded funds (ETFs).  —Recommended Link— This Could Create An Enormous Wave Of Wealth If you’ve been looking for a way to make money from the booming legal marijuana… Read More

Ask the average investor to name their favorite dividend-paying stock, and you normally get responses such as AT&T (NYSE: T), Pfizer (NYSE: PFE) and Procter & Gamble (NYSE: PG).  I won’t quibble with any of those names. These are time-tested businesses with above-average payouts that have served investors well over the years. They are also well-known and widely-held. You’ll find them in most dividend-oriented mutual funds and exchange-traded funds (ETFs).  —Recommended Link— This Could Create An Enormous Wave Of Wealth If you’ve been looking for a way to make money from the booming legal marijuana market. but don’t want to roll the dice on a penny stock or figure out how to buy shares of a grower on some Canadian exchange. there’s good news. We’ve discovered a unique marijuana profit-sharing plan that’s paying a small group of regular people up to $55,563 a year. Learn more here. Take T. Rowe Price Equity Income (PRFDX), one of the best large-cap value funds around (full disclosure, I hold it in my 401(K) account). The fund is sitting on 2.9 million shares of AT&T and 8.9 million shares of Pfizer. Those stakes are worth $93… Read More