If You're in Your 60s, Consider Buying These 3 Stocks
Big life changes take place when you get into your 60s. For one thing, income to replace a salary is suddenly an important consideration. Which is why if you're in your 60s, you should consider buying these three stocks: Enterprise Products Partners L.P. (NYSE: EPD), Duke Energy Corp (NYSE: DUK), and United Parcel Service, Inc. (NYSE: UPS). Here's a look at why each are well suited for an early retirement portfolio.
Enterprise Products Partners has a dividend record that's pretty impressive. For starters, the giant oil and gas midstream partnership has increased its distribution for 20 consecutive years. But hidden within that streak is another one -- 52 consecutive quarterly distribution hikes. The disbursement has historically grown at around 5% a year, beating the historical growth rate of inflation. The yield right now is roughly 6.1%.
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Source: Fool.com
Enterprise Products Partners L.p. Stock
With 19 Buy predictions and not the single Sell prediction the community is currently very high on Enterprise Products Partners L.p..
With a target price of 31 € there is potential for a 106.34% increase which would mean more than doubling the current price of 15.02 € for Enterprise Products Partners L.p..
