Growing my passive income is a vital part of my financial strategy to retire early. Enbridge pays a 7%-yielding dividend that should continue growing at a low-to-mid single-digit rate.
As market volatility and uncertainty increase and the likelihood of a September rate hike looms, some investors are paying attention to high-yield dividend stocks. These stocks provide steady income and offer the potential for capital appreciation.
After more disinflation in the June CPI report, the market can now see the whites in the eyes of Fed rate cuts. I discuss more signs that the economy is veering toward recession. I also explain why a mild recession like the one in the early 2000s could be very good for the beaten down real estate sector.
NextEra Energy plans to raise its nearly 3% dividend yield by 10% annually for at least a few more years. Brookfield Infrastructure expects to continue increasing its earnings at a double-digit rate, which will give it plenty of fuel to boost its dividend.
Realty Income has steadily increased its dividend each quarter. Brookfield Infrastructure has delivered a decade and a half of dividend growth (with more to come).
Brookfield Infrastructure pays a sustainable dividend that yields around 5%. The company is growing its earnings at a double-digit percentage rate.
Realty Income continues to live up to its name. Brookfield Infrastructure expects to continue growing its high-yielding payout at a healthy rate.
Brookfield Infrastructure's high-yielding dividend is on a very firm financial foundation. The company expects to grow its cash flow per share at a more than 10% annual rate.
High yield doesn't necessarily have to translate to higher risk if done right. It's important to evaluate dividend stocks based on coverage, leverage, and asset quality. Brookfield Infrastructure Partners and Capital Southwest offer well-covered and high dividends and are well-positioned to grow.
NextEra Energy has generated a 15% annualized total return over the past decade. Brookfield Infrastructure has produced a 14.5% annualized total return since its formation.
Big dividend stocks offer attractive dividend yields and the potential for passive income growth and total return. However, investors need to be leery of those that tend to be overrated by Mr. Market and instead buy those with overlooked strong balance sheets, growth, and attractive yields. We share two very overrated and two very underrated big dividend stocks.
Brookfield Infrastructure pays a high-yielding dividend, backed by a rock-solid financial profile. The global infrastructure company is growing fast, giving it plenty of fuel to continue increasing its payout.