3 Stocks to Buy With Dividends Yielding More than 4%
It's getting harder to find great income-producing stocks these days. Companies just don't pay dividends like they used to, with many hoarding cash or buying back stock instead of sending quarterly checks back to investors. Because of that, and the fact that the market continues to set records, the average dividend yield of stocks in the S&P 500 is down to just 1.85%, which is less than half the historical average.
However, while there are fewer options available, there are still some compelling dividend payers out there. Three excellent choices with yields above 4% are Enbridge (NYSE: ENB), Brookfield Property Partners (NYSE: BPY), and Occidental Petroleum (NYSE: OXY). Here's a look at what makes this trio stand out from the crowd.
Image source: Getty Images.
Source: Fool.com
Enbridge Inc. Stock
We see a rather positive sentiment for Enbridge Inc. with 6 Buy predictions and 2 Sell predictions.
With a target price of 53 € there is a hugely positive potential of 56.94% for Enbridge Inc. compared to the current price of 33.77 €.
