2 No-Brainer Dividend Stocks to Buy for Income This May
Many companies pay dividends. However, some dividend stocks are better suited for investors seeking income than others because of the durability of their cash flows and the strength of their financial profiles. Those features enable them to pay attractive dividends that steadily grow, even through more challenging periods. NextEra Energy (NYSE: NEE) and Realty Income (NYSE: O) are two such dividend stocks. They've grown their dividends for 30 straight years, which includes three major economic downturns. That growth should continue in the future, even if we have more economic turbulence. Because of that, they're no-brainer income stocks to buy this May. NextEra Energy has done an amazing job of growing its dividend over the years. The utility has increased its payout for more than 30 straight years. It has grown its dividend at a rather brisk 10% compound annual rate over the past two decades. That's much faster than the average utility and the S&P 500 (SNPINDEX: ^GSPC). Continue reading
Many companies pay dividends. However, some dividend stocks are better suited for investors seeking income than others because of the durability of their cash flows and the strength of their financial profiles. Those features enable them to pay attractive dividends that steadily grow, even through more challenging periods.
NextEra Energy (NYSE: NEE) and Realty Income (NYSE: O) are two such dividend stocks. They've grown their dividends for 30 straight years, which includes three major economic downturns. That growth should continue in the future, even if we have more economic turbulence. Because of that, they're no-brainer income stocks to buy this May.
NextEra Energy has done an amazing job of growing its dividend over the years. The utility has increased its payout for more than 30 straight years. It has grown its dividend at a rather brisk 10% compound annual rate over the past two decades. That's much faster than the average utility and the S&P 500 (SNPINDEX: ^GSPC).
