3 Top Dividend Stocks to Buy in February
Top dividend stocks share one thing in common. They regularly increase their payments. That's evident by digging into the data. Over the last 50 years, dividend growers have significantly outperformed companies with no change to their dividend payment (10.2% average annual total return compared to 6.7%, according to data from Ned Davis Research and Hartford Funds). Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP), NextEra Energy (NYSE: NEE), and Oneok (NYSE: OKE) have solid records of increasing their dividends. They also have excellent growth prospects, which bode well for their ability to continue growing their payouts. Add in their higher yields, and they stand out as top dividend stocks to buy this month. Brookfield Infrastructure recently increased its dividend by 6%. "This marks the 16th year of consecutive distribution increases within or above our target range [5%-9% annually]," wrote CEO Sam Pollock in his fourth-quarter letter to investors. That raise nudged the global infrastructure operator's dividend yield above 4%, putting it well above the S&P 500's 1.2% yield. Continue reading
Top dividend stocks share one thing in common. They regularly increase their payments. That's evident by digging into the data. Over the last 50 years, dividend growers have significantly outperformed companies with no change to their dividend payment (10.2% average annual total return compared to 6.7%, according to data from Ned Davis Research and Hartford Funds).
Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP), NextEra Energy (NYSE: NEE), and Oneok (NYSE: OKE) have solid records of increasing their dividends. They also have excellent growth prospects, which bode well for their ability to continue growing their payouts. Add in their higher yields, and they stand out as top dividend stocks to buy this month.
Brookfield Infrastructure recently increased its dividend by 6%. "This marks the 16th year of consecutive distribution increases within or above our target range [5%-9% annually]," wrote CEO Sam Pollock in his fourth-quarter letter to investors. That raise nudged the global infrastructure operator's dividend yield above 4%, putting it well above the S&P 500's 1.2% yield.
