These Dividend Stocks Can Double Your Money in Under 6 Years
Compound interest is a powerful wealth creator. For example, an investment that can deliver a 13% annual rate of return can double in value in less than six years. While 13% is an above-average return, many high-quality dividend stocks have delivered an average annual total return above that level over the past decade (and can continue doing so in the future).
Prologis (NYSE: PLD) and Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) are high-performing dividend stocks. They should have the fuel to double investors' money in less than six years.
Prologis has delivered a prodigious 16.8% average annual total return over the last decade (and 16.7% over the previous six years). Its rapidly rising dividend is a big driver of the leading industrial REIT's strong performance. Prologis has increased its dividend at a 12% compound annual rate over the last five years, supported by a similar growth rate in its core funds from operations (FFO). That's double the average dividend growth rate of the other REITs and companies in the S 500.
Source Fool.com
Brookfield Corp. Aktie
Eine Tendenz zu Buy-Einschätzungen bei Brookfield Corp., überwiegend gegenüber Sell-Einschätzungen.
Ein unerwartetes negatives Potenzial von -1.38% für Brookfield Corp., trotz eines niedrigeren Kursziels von 43 € als der aktuelle Kurs von 43.6 €.
