BEPC - 3 Top Dividend Stocks I Can't Wait to Buy in 2023
I received my first dividend payment when I was still in graduate school. I've been obsessed with collecting dividends ever since. That set me on a journey to grow my dividend income with the ultimate goal of eventually living off this revenue source.
I still have a ways to go. That's why I buy dividend stocks as often as I can. Three that I can't wait to purchase in the new year are Brookfield Infrastructure Partners (NYSE: BIP) , Brookfield Renewable (NYSE: BEP) (NYSE: BEPC) , and Enbridge (NYSE: ENB) .
Units of Brookfield Infrastructure Partners got crushed in 2022. They lost about a quarter of their value and recently traded at a 52-week low. That's a much steeper decline than the economically equivalent shares of Brookfield Infrastructure Corporation (NYSE: BEPC) . Because of that, Brookfield Infrastructure Partners looks like an incredible buying opportunity right now since it trades at a dirt-cheap valuation (about 11 times funds from operations or FFO ) and an attractive dividend yield (recently 4.7%).
For further details see:
3 Top Dividend Stocks I Can't Wait to Buy in 2023