3 High-Yield Dividend Stocks I Plan to Buy in March

Sunday, 3 March 2024, 12:15

Investing in high-yield dividend stocks like Chevron, Brookfield Renewable, and Mid-America Apartment Communities can help grow passive income. These stocks have a history of increasing dividends, offering reliable and steadily rising income streams that support financial independence. The strong growth prospects of Chevron, Brookfield Renewable, and MAA make them attractive investments for income-focused investors.
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3 High-Yield Dividend Stocks I Plan to Buy in March

The fuel to continue increasing its dividend

Chevron pays a 4.3%-yielding dividend, with a track record of 37 consecutive years of dividend growth. The company's high-return capital program and pending acquisition of Hess provide a solid foundation for future dividend increases. In addition, Chevron is expanding into lower-carbon energy businesses for future growth.

Powerful growth ahead

Brookfield Renewable offers a 6% dividend yield and sustainable annual growth in dividends. The company's focus on renewable energy, margin enhancement activities, and a robust pipeline of development projects support its goal of 5% to 9% annual dividend growth. Brookfield's acquisition strategy further enhances its growth potential.

Growing passive income from rental properties

Mid-America Apartment Communities pays a 4.7%-yielding dividend, with a consistent record of quarterly dividends. The company's strategic focus on properties in high-growth regions and investments in new developments contribute to its 5% dividend growth. MAA's diversified portfolio and acquisition strategy position it for continued income growth.

Reliably rising income streams

Chevron, Brookfield Renewable, and MAA offer attractive high-yielding dividends with a history of steady increases, making them ideal for investors seeking passive income. These income stocks provide a reliable source of growing income, supporting the journey towards financial independence.


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.


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