2 Supercharged Dividend Stocks to Add to Your Portfolio Amidst Stock Market Sell-Off
Supercharged Dividend Stocks to Buy During Stock Market Sell-Off
These high-quality companies are often great buys during a sell-off. The stock market has been red-hot over the past year. The S&P 500 surged more than 25%, while the Nasdaq's value soared by about 33%. At some point, the market will take a breather.
Market sell-offs are often ideal times to buy high-quality companies at great prices. NextEra Energy (NYSE: NEE) and Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC) will probably fall during the next market slump. That would be a great opportunity to scoop up shares of these supercharged dividend stocks.
NextEra Energy's Growth Potential
NextEra Energy is a leader in clean energy and has grown its adjusted earnings per share at a 10% compound annual rate over the past decade. It currently yields 2.8%, roughly double the S&P 500's dividend yield (1.4%).
Brookfield Infrastructure's Resilience
Brookfield Infrastructure expects to grow its FFO per share by more than 10% annually over the next several years. The company has a strong track record in reinvesting and delivering steady dividend growth.
Supercharged dividend growth and solid fundamental strength make these companies compelling choices for investors looking to weather market turbulence and enhance their income.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.