Should You Buy the 3 Highest-Paying Dividend Stocks on the Nasdaq?

Core Viewpoint - The article discusses high-yield stocks within the Nasdaq-100 index, highlighting three companies that offer significant dividends but also face various challenges that may affect their attractiveness as investments. Group 1: Kraft Heinz - Kraft Heinz has the highest dividend yield in the Nasdaq-100 at 6.5% [3] - The company has faced significant challenges, including over $15 billion in writedowns since its merger, indicating struggles in the processed food sector [4] - Kraft Heinz plans to split into two companies in the second half of next year, but this move has been criticized as not addressing the underlying business issues [6][7] Group 2: Comcast - Comcast offers a dividend yield of 4.4% and operates in various sectors including cable, broadband, and media [8] - The company reported a 2.7% decline in revenue to $31.2 billion in the third quarter, with flat adjusted earnings per share at $1.12 [9] - Comcast's growth prospects are limited due to a declining cable business and mature broadband market, making it less attractive for investors [11] Group 3: Paychex - Paychex has a dividend yield of 3.8% and provides cloud-based software for back-office functions [12] - The company reported a 17% revenue growth to $1.54 billion, largely driven by its acquisition of Paycor [13] - Despite the maturity of payroll processing, Paychex expects adjusted earnings-per-share growth of 9%-11% for the current fiscal year, making it a favorable option for investors seeking tech exposure and dividends [15]