3 Great Dividend Stocks to Buy in October
Dividends are great wealth builders. That's evident from the data as companies that consistently increase their dividends tend to routinely beat the market. While that suggests investors should focus less on a stock's dividend yield and more on its growth prospects, sometimes you can have your proverbial cake and eat it too.
That's clear in the list of stocks our contributors came up with when we asked them for their top dividend stock to buy this October. In selecting Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC), Enbridge (NYSE: ENB), and 3M (NYSE: MMM), they highlighted stocks that offer yields well above average, with compelling upside potential. Because of that, these stocks could produce big-time total returns for long-term investors who buy them this month.
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Source Fool.com
