3 Safe Ultra-High-Yield Dividend Stocks to Buy and Hold for a Lifetime of Passive Income
Higher-yielding dividend stocks often have a higher risk of a future payment reduction. Because many of these companies either have weak financial profiles or growth prospects, investors need to tread carefully when buying stocks with a higher yield if they're seeking a bankable income stream. Brookfield Renewable (NYSE: BEPC)(NYSE: BEP), MPLX (NYSE: MPLX), and NNN REIT (NYSE: NNN) stand out among higher-yielding dividend stocks. They back their big-time payouts with rock-solid financial profiles and have solid growth prospects, making them safer options for those seeking durable passive income streams that could last their lifetimes.Image source: Getty Images.Continue reading
Higher-yielding dividend stocks often have a higher risk of a future payment reduction. Because many of these companies either have weak financial profiles or growth prospects, investors need to tread carefully when buying stocks with a higher yield if they're seeking a bankable income stream.
Brookfield Renewable (NYSE: BEPC)(NYSE: BEP), MPLX (NYSE: MPLX), and NNN REIT (NYSE: NNN) stand out among higher-yielding dividend stocks. They back their big-time payouts with rock-solid financial profiles and have solid growth prospects, making them safer options for those seeking durable passive income streams that could last their lifetimes.
Image source: Getty Images.
