3 Brilliant High-Yield Dividend Stocks to Buy and Boost Your Income This October
Surging interest rates have put downward pressure on the value of income-producing investments. That's boosting their income yields, making them more attractive to income-seeking investors.
Enbridge (NYSE: ENB), Brookfield Renewable (NYSE: BEP)(NYSE: BEPC), and Enterprise Products Partners (NYSE: EPD) stand out to a few Fool.com contributors for their high dividend yields these days. Here's why they think these stocks are brilliant ways to boost your passive income this month.
Reuben Gregg Brewer (Enbridge): Investors don't seem to like Enbridge's recent agreement to buy three natural gas utilities from Dominion Energy. The stock is down around 5% since the deal was announced in early September. To be fair, some industry watchers think the Canadian-based midstream giant is biting off more than it can chew here because of the financing costs associated with the deal.
Source Fool.com