BIPC - 3 High-Yield Dividend Stocks That Could Be Worth Holding Forever
2023-05-28 08:41:00 ET
High-yielding dividend stocks can make ideal passive income investments. The best ones steadily increase their payouts. That can help their investors generate more income in the years to come.
Brookfield Infrastructure Partners (NYSE: BIP) (NYSE: BIPC) , Enbridge (NYSE: ENB) , and NextEra Energy Partners (NYSE: NEP) offer investors above-average payouts that should keep rising in the future. Investors could potentially hold them for a lifetime of passive income .
Brookfield Infrastructure Partners currently offers a 4.2% dividend yield . That's more than double the 1.6% dividend yield of the S&P 500 . To put that difference into context, every $1,000 invested into Brookfield Infrastructure Partners would generate about $42 of annual dividend income compared to around $16 from an S&P 500 index fund .
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3 High-Yield Dividend Stocks That Could Be Worth Holding Forever