Got $100 to Invest? 1 Top Dividend Stock Yielding Over 4% You Can Buy Without Hesitation in June.
Buying dividend stocks can be a great way to grow your wealth. They can be powerful wealth creators over the long term. For example, data from Ned Davis Research and Hartford Funds shows that a hypothetical investor who put $100 into companies that pay a growing dividend would have seen that investment grow to over $15,000 in 50 years. That's a 10.2% annualized return. That compares with only about $900 by investing the same amount in non-dividend-payers, for a 4.3% annualized return. If you've got $100 to invest this June, Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP) is one top dividend stock you shouldn't hesitate to buy. The global infrastructure operator offers an attractive dividend, with more than a 4% yield, and has a terrific record of growing its payout.Image source: Getty Images.Continue reading
Buying dividend stocks can be a great way to grow your wealth. They can be powerful wealth creators over the long term. For example, data from Ned Davis Research and Hartford Funds shows that a hypothetical investor who put $100 into companies that pay a growing dividend would have seen that investment grow to over $15,000 in 50 years. That's a 10.2% annualized return. That compares with only about $900 by investing the same amount in non-dividend-payers, for a 4.3% annualized return.
If you've got $100 to invest this June, Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP) is one top dividend stock you shouldn't hesitate to buy. The global infrastructure operator offers an attractive dividend, with more than a 4% yield, and has a terrific record of growing its payout.
Image source: Getty Images.
