I termed the phrase “forever assets” to describe a group of businesses that have paid out dividends for generations. And while they don’t often make headlines, many of these firms have crushed the broader market’s performance. My approach? Buy them, stick the certificates in a drawer, and cash the dividend checks for decades. When you own stocks like these, you don’t have to worry about inflation, interest rates, or stock market crashes. If history is any guide, these businesses will keep chugging along, paying out dividends and making their shareholders a fortune.
For instance, you almost never hear about Canada-based Enbridge Inc (NYSE:ENB) in the news, which is just the way loyal shareholders like it. And with a yield over six percent right now, this little-known business looks like a good place to put money to work. Enbridge, which owns energy pipelines, isn’t terribly exciting. I’m don’t think even the CEO gets all that hyped about energy distribution. But the company makes a ton of money–$2.1 billion in 2016–and has increased its dividend every year since 1953.
Source: Income Investors
Related Articles:
- 4 Higher-Yielding, Low Debt Stocks With A Tiny Payout Ratio
- 3 Stocks Increasing Dividends Like A Champion
- The Next Great Company
- 5 Stocks With a Sustainable Dividend
- Dividend Investing + Value Investing = Superior Returns
This “Forever Asset” Yields 6.2%
Posted by D4L | Wednesday, February 28, 2018 | 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...
-
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...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
Dividends can be a tremendously powerful part of your investing strategy. Not only can they give you a continuing source of cash to reinvest...
-
The most dependable dividend stocks typically have a long track record of sustaining payouts through different market cycles. Companies with...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
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...
-
Double your money in a short time. Few investors would walk away from such an opportunity. Of course, there's no guarantee that any inve...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.