Income Investors Should Check Out Consumer Staples: S&P

On the whole consumer staples stocks aren’t high flyers: The group is expected to see profits climb just 0.7% this year, less than half its five-year average. That said, income-oriented investors shouldn’t overlook the group, according to S&P Capital IQ’s Joseph Agense: While anemic growth might be the dominant story near-term, these stocks’ fat dividends [...]