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
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
The World Cup format brings in 32 teams from around the globe who square off until only one remains. After the first round, 16 teams are eli...
-
Legendary investor Warren Buffett is known for earning huge returns for his company Berkshire Hathaway Inc. (NYSE:BRK.B) and its shareholder...
-
The Holy Grail for income investors is finding quality companies with significant payouts that will continue to generate income over the lon...
-
In a bloated stock market, going after the hottest tickers won’t get you much in terms of yield. That’s why, for investors looking to boost ...
-
While growth stocks grab all the headlines and generate all the hype, dividend-paying stocks have handily outperformed their nonpaying peers...
-
There's been a lot for investors to like about market performance over the last decade, but there's a flip side: In a market that cl...
-
Is it possible to double your money – quickly – buying safe dividend stocks? You bet. Let me explain how… “Basic” income investors are enamo...
-
There is no other way to put it: The U.S. stock market seems to be losing its momentum. Year-to-date, the market has been trading mostly sid...
-
All four of these names have very strong cash flows that allow them to not only pay better than 3% dividends, but also to buy back stock. Tw...
0 comments
Post a Comment
Post a Comment