Income investors often put too much focus on a stock's dividend yield . That can cause them to get burned if the company cuts its payout. Further, it can cause them to miss out on the higher total returns often produced by the best dividend stocks , which routinely increase their payouts.
With that upside in mind, we asked some of our contributors for their best dividend stock picks for the upcoming year. They tapped industrial giant 3M (NYSE: MMM) , clean energy producer Clearway Energy (NYSE: CWEN) (NYSE: CWEN-A) , and global infrastructure operator Brookfield Infrastructure (NYSE: BIP) (NYSE: BIPC) . Here's why this trio stands out as some of the best stocks for dividend investors in 2021.
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For further details see:
3 of the Best Dividend Stocks to Buy in 2021