3 Dividend Stocks Offering Growth and Yield for Smart Investors

Thursday, 7 March 2024, 12:07

Discover three top dividend stocks - NextEra Energy, Enterprise Products Partners, and Stanley Black & Decker - with a unique blend of high yield, consistent dividend growth, and promising future outlook. NextEra Energy stands out as a reliable dividend grower, Enterprise Products Partners offers a stable energy stock with a lucrative distribution yield, and Stanley Black & Decker presents a compelling turnaround opportunity for investors. Each stock caters to different investor preferences, appealing to dividend growth seekers, yield hunters, and those interested in earnings upside potential.
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3 Dividend Stocks Offering Growth and Yield for Smart Investors

Top 3 Exceptional Dividend Stocks to Consider for Investment in March

Investors looking to make smart investment decisions in March should consider these three exceptional dividend stocks that offer a combination of growth and yield.

1. NextEra Energy

NextEra Energy is a reliable dividend grower, boasting a 3.7% dividend yield and a decade-long track record of roughly 10% annual dividend growth.

  • Unique blend of utility and clean energy businesses
  • Potential for solid earnings growth through 2026

2. Enterprise Products Partners

Enterprise Products Partners offers a stable energy stock with a 7.3% distribution yield and a strong balance sheet, making it an attractive income play for investors.

  • Large portfolio of midstream energy infrastructure
  • Expectation for robust energy demand in the long term

3. Stanley Black & Decker

Stanley Black & Decker presents a turnaround opportunity with earnings expected to rebound in 2024, offering a historically high 3.6% dividend yield for income-focused investors.

  • Anticipated earnings growth in 2024
  • Positive momentum and potential stock turnaround

Each of these dividend stocks caters to different investor profiles, providing opportunities for dividend growth, high yield, and a compelling turnaround play in the current market landscape.


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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