Seeking high-yield stocks that aren't panic-inducing investments can be difficult, but TransCanada, StoneMor Partners, and Magellan Midstream Partners are better than most.
Investing in dividend companies can be a lower-stress version of investing. No matter what the share price does, you know that you are going to get a certain percentage return. Ideally, the higher the yield, the better. As the yield gets higher, though, so too does the risk that the company's payout is at risk of getting cut, and that risk can make us lose sleep at night.
So we asked three of our contributors to highlight one stock that has a high yield -- and not one where you need to perpetually worry about a payout cut.
Continue reading to find out what they had to say …
Source: The Motley Fool