Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

3 Top Dividend Stocks I Can't Wait to Buy in 2023


I received my first dividend payment when I was still in graduate school. I've been obsessed with collecting dividends ever since. That set me on a journey to grow my dividend income with the ultimate goal of eventually living off this revenue source.

I still have a ways to go. That's why I buy dividend stocks as often as I can. Three that I can't wait to purchase in the new year are Brookfield Infrastructure Partners (NYSE: BIP)Brookfield Renewable (NYSE: BEP)(NYSE: BEPC), and Enbridge (NYSE: ENB).

Units of Brookfield Infrastructure Partners got crushed in 2022. They lost about a quarter of their value and recently traded at a 52-week low. That's a much steeper decline than the economically equivalent shares of Brookfield Infrastructure Corporation (NYSE: BEPC). Because of that, Brookfield Infrastructure Partners looks like an incredible buying opportunity right now since it trades at a dirt-cheap valuation (about 11 times funds from operations or FFO) and an attractive dividend yield (recently 4.7%).

Continue reading


Source Fool.com

Like: 0
BIP
Share

Comments