BIPC - 3 Incredible Dividend Stocks to Buy Now and Hold Forever
2024-02-18 09:19:00 ET
Some companies simply have a knack for rewarding their shareholders. They pay above-average-yielding dividends that grow each year.
Enterprise Products Partners (NYSE: EPD) , NextEra Energy (NYSE: NEE) , and Brookfield Infrastructure (NYSE: BIPC) (NYSE: BIP) stand out to three Fool.com contributors for their incredible ability to pay dividends. Here's why they think these are great dividend stocks to buy right now and hold for a potential lifetime of income.
Reuben Gregg Brewer (Enterprise Products Partners): According to the Energy Information Administration (EIA) and the International Energy Agency (IEA), two of the most important monitors of the energy industry, demand for natural gas and oil will remain robust until at least 2050. That's as far as their current projections go, and they include a rapid increase in the demand for clean energy. Simply put, energy transitions take a very long time, and for the next quarter of a century or so, oil and natural gas will still be vital to the world economy. It seems highly unlikely that demand for oil and gas will fall off a cliff after 2050.
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3 Incredible Dividend Stocks to Buy Now and Hold Forever