2024-07-29 03:14:00 ET
Dividend stocks can be fantastic investments. Over the last five decades, dividend payers outperformed the average S&P 500 member (9.2% annualized total return compared to 7.7%). However, the best returns have come from dividend growers (10.2% annualized).
Black Hills (NYSE: BKH) , Phillips 66 (NYSE: PSX) , and Clearway Energy (NYSE: CWEN) (NYSE: CWEN.A) are under-the-radar dividend stocks . However, they stand out to a few Fool.com contributors for their higher yields and ability to increase payouts. That's one of the many factors that make them great dividend stocks to buy for a potential lifetime of dividend income.
Reuben Gregg Brewer (Black Hills): When it comes to utilities , most investors have probably heard of giants like NextEra Energy and Southern Company . But with a market cap of just under $4 billion, Black Hills is itty bitty. And yet, it has achieved a feat neither NextEra nor Southern has: Black Hills is a Dividend King.
For further details see:
3 Underrated High-Yield Dividend Stocks to Buy Now and Hold Forever