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
3 Dividend Stocks You Don't Have to Babysit
Posted by D4L | Thursday, August 11, 2016 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Dividend Growth Stocks News
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.