When looking for dividend stocks, yield should not be the only criterion. Ideally, you’d want to find companies that offer generous yields and that can also cover their dividends. While there’s no such thing as the perfect stock, here is a list of three of my favorite dividend stocks that offer a good balance between high yield and dividend safety.
First on the list is Sun Life Financial Inc (NYSE:SLF), which, if you live in the U.S., may not be a familiar name. Headquartered in Toronto, Ontario, Sun Life is a Canadian financial services company that’s mostly known for life insurance. Enviva Partners LP (NYSE:EVA) is in the wood pellet business, which may not seem that exciting at first glance. Yet, this business has created one of the most generous income streams in the stock market. Delek Logistics Partners LP (NYSE:DKL) is an MLP that owns, operates, acquires, and constructs logistics and marketing assets in the crude oil and refined products sector.
Source: Income Investors
Related Articles:
- Three Keys For Successful Dividend Growth Investing
- Are You Patient Enough To Be Wealthy? These 6 Dividend Stocks Will Help You Wait
- 5 Dividend Stocks With A Quick Payback
- 3 High-Rated Dividend Stocks With Above Target Returns
- 2 Dividend Stocks For Healthy and Wealthy Retirement
________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.