Passive income is supposed to ease your workload, not add to it. That's why investors who are seeking a worry-free retirement should find dividend-paying stocks that don't require close monitoring. The best way to determine that a dividend does not need extra attention is to make sure it meets the following three criteria: 1. Relatively stable revenue backed by fee-based contracts or other recurring sources of income. 2. A strong balance sheet that is either cash-rich or backed by an investment-grade credit rating and low leverage metrics. 3. Ample excess cash flow to provide a cushion.
Three of my favorite passive income stocks pass this test with ease: With a global property portfolio that spans several property classes, investing in Brookfield Property Partners (NYSE:BPY) would make any investor an instant real estate mogul. Enterprise Products Partners (NYSE:EPD) is one of the largest integrated midstream companies in the U.S. The company controls 49,000 miles of energy pipelines, which is enough to circle the globe twice. Verizon Communications (NYSE:VZ) has the largest wireless subscriber base in the country at 112.6 million.
Source: Motley Fool
Related Articles:
- 5 Exceptional Dividend Growth Stocks With Quality Financials
- 10 High-Yielding Dividend Aristocrats Not Afraid to Raise Their Dividends
- 8 Dividend Stocks With A Quick Payback
- 7 High-Rated Dividend Stocks With Above Target Returns
- 4 Dividend Stocks For Healthy and Wealthy Retirement
Dividend Growth Stocks News
- Unlocking High-Yield Opportunities in the Middle East: Energy and Infrastructure Dividend Stocks for 2025 - AInvest - 7/18/2025
- The 10 best US dividend stocks - Morningstar - 7/18/2025
- Build Your Retirement Nest Egg: 4 Singapore Stocks for Growth and Income - Yahoo - 7/18/2025
- How to Invest $250,000 in Canadian Dividend Stocks for $12,027 Each Year - Yahoo - 7/18/2025
- Top Asian Dividend Stocks For Your Portfolio - Yahoo Finance - 7/17/2025
- Chevron Corporation (CVX) Dividend Stock Analysis - 7/18/2025
- Emerson Electric Co. (EMR) Dividend Stock Analysis - 7/11/2025
- Amgen, Inc. (AMGN) Dividend Stock Analysis - 6/27/2025
- W.W. Grainger, Inc. (GWW) Dividend Stock Analysis - 6/20/2025
- Abbvie Inc. (ABBV) Dividend Stock Analysis - 6/13/2025
3 Dividend Stocks You Don't Have to Babysit
Posted by D4L | Thursday, August 11, 2016 | ArticleLinks | 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.