Regular and growing dividends often indicate the financial strength and underlying growth of a company's business. They also indicate its management's expectations of continued future growth. Investing in such dividend-paying companies can not only generate a regular dividend income but also provide attractive capital appreciation potential. Here are three such rock-solid dividend stocks to consider buying right now.
In five years, NextEra Energy Partners (NYSE: NEP) has doubled its per-unit distribution. Canadian company Enbridge (NYSE: ENB) has increased its dividend for 26 consecutive years. Enbridge doubled its 2014 per share dividend of 1.40 Canadian dollars in five years by 2019. Algonquin Power & Utilities (NYSE: AQN) expects to pay a total dividend of $0.67 per share for 2021. Based on that, the company's per share dividend would get doubled in seven years.
Source: NASDAQ
Related Articles:
Dividend Growth Stocks News
3 Attractive Dividend Stocks Whose Dividends Could Double
Posted by D4L | Wednesday, September 22, 2021 | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.