Got $200 to Invest? 2 Elite Ultra-High-Yield Dividend Stocks to Buy for Income and Never Look Back.
Some companies really stand out for their ability to pay dividends. Their high-yielding payouts supply investors with lucrative and reliable income streams. And some have impressively long track records of regularly increasing their payouts.Enterprise Products Partners (NYSE: EPD) and NNN REIT (NYSE: NNN) are elite income-generating investments. At their current share prices, each has a yield above 5.5% -- several times higher than the S&P 500's 1.3% average dividend yield. Meanwhile, both have increased their payouts each year for more than a quarter century. With more dividend hikes likely, they're great stocks to buy for the income and never look back.Enterprise Products Partners' distribution currently yields 6.3%. At that rate, every $100 invested in the company would generate $6.30 of annual passive income, but those payments should grow each year. The master limited partnership (MLP) -- which sends investors a Schedule K-1 Federal Tax Form instead of a 1099-DIV Form each year -- has increased its payouts for 26 straight years. That's one of the longest dividend growth streaks in the energy sector. Continue reading
Some companies really stand out for their ability to pay dividends. Their high-yielding payouts supply investors with lucrative and reliable income streams. And some have impressively long track records of regularly increasing their payouts.
Enterprise Products Partners (NYSE: EPD) and NNN REIT (NYSE: NNN) are elite income-generating investments. At their current share prices, each has a yield above 5.5% -- several times higher than the S&P 500's 1.3% average dividend yield. Meanwhile, both have increased their payouts each year for more than a quarter century. With more dividend hikes likely, they're great stocks to buy for the income and never look back.
Enterprise Products Partners' distribution currently yields 6.3%. At that rate, every $100 invested in the company would generate $6.30 of annual passive income, but those payments should grow each year. The master limited partnership (MLP) -- which sends investors a Schedule K-1 Federal Tax Form instead of a 1099-DIV Form each year -- has increased its payouts for 26 straight years. That's one of the longest dividend growth streaks in the energy sector.
