Three High-Yielding Dividend Stocks to Consider as March Begins
If you’re an income-focused investor looking for reliable dividend payers with high yields as March gets underway, then you’ll want to add Enterprise Products Partners (EPD), Chevron (CVX), and Enbridge (ENB) to your watchlist. These three companies offer attractive yields, backed by decades of annual increases, making them highly compelling investment opportunities.
Enterprise Products Partners (EPD)
Enterprise Products Partners is an energy infrastructure company that operates one of the largest and most diversified midstream, marketing, and logistics operations in the world. With a dividend yield of approximately 6.4%, EPD has increased its distribution every year since its inception in 1968. The company’s strong financial position, stable cash flows, and significant growth opportunities make it an attractive investment for income-focused investors.
Chevron (CVX)
Chevron is an integrated energy company with international operations in exploration, production, refining, marketing, and transportation. The company’s dividend yield is currently around 4.8%. Chevron has a long history of increasing dividends, having raised its payout for 33 consecutive years. The company’s strong cash flows, diverse business segments, and commitment to shareholder returns make it an attractive dividend growth stock.
Enbridge (ENB)
Enbridge is North America’s leading energy infrastructure company. It has a dividend yield of approximately 6.4%, and it has increased its dividend for 25 consecutive years. Enbridge’s extensive network of pipelines, terminals, and other energy infrastructure assets enables it to transport and distribute crude oil, natural gas, natural gas liquids, and renewable energy. The company’s strong cash flows, regulated business model, and significant growth opportunities make it an attractive investment for income-focused investors.
Effects on Individual Investors
For individual investors, adding these three high-yielding dividend stocks to your portfolio can provide a steady stream of income and help mitigate the impact of market volatility. Diversifying your portfolio across different sectors and asset classes, including dividend stocks, can help reduce overall risk. Additionally, investing in companies with a strong track record of increasing dividends can provide the potential for capital appreciation as the companies grow and expand.
Effects on the World
The investment in these three companies can have positive effects on the world in several ways. First, they contribute to the global economy by providing energy to power industries and households. Second, they create jobs and generate economic activity in the communities where they operate. Third, their investments in infrastructure and research and development can lead to technological advancements and innovation in the energy sector. Lastly, their commitment to shareholder returns and sustainable business practices can help attract further investment and support long-term growth.
Conclusion
Investing in reliable dividend payers with high yields, such as Enterprise Products Partners (EPD), Chevron (CVX), and Enbridge (ENB), can provide individual investors with a steady stream of income and help mitigate the impact of market volatility. These companies’ strong financial positions, stable cash flows, and commitment to shareholder returns make them attractive investment opportunities. Additionally, their contributions to the global economy, job creation, technological advancements, and sustainable business practices can have positive effects on the world.
- Enterprise Products Partners (EPD) – 6.4% yield, increased distributions since 1968
- Chevron (CVX) – 4.8% yield, increased distributions for 33 consecutive years
- Enbridge (ENB) – 6.4% yield, increased distributions for 25 consecutive years
By investing in these companies, individual investors can diversify their portfolios and potentially benefit from both current income and long-term capital appreciation.
