This year has been challenging for income investors. The COVID-19 outbreak upended the economy, causing it to go into recession. That downturn forced many companies to reduce or suspend their dividends to preserve cash. Meanwhile, the Federal Reserve slashed interest rates, which affected the yields on bonds and bank CDs.
However, while there are fewer attractive options out there for income-seeking investors, that doesn't mean they're out of choices. Three excellent income stocks to consider buying are clean energy producer Clearway Energy (NYSE: CWEN)(NYSE: CWEN.A), apartment REIT Equity Residential (NYSE: EQR), and Canadian pipeline giant TC Energy (NYSE: TRP).
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