These dividend stocks offer rock-solid and steadily rising income streams. Investing in dividend stocks can be a fantastic way to generate passive income. Many high-quality companies offer higher-yielding payouts. Furthermore, several of these top-notch income producers steadily increase their payouts yearly, making them better than the fixed income you could earn from a bond. Brookfield Renewable (BEPC 3.54%) (BEP 4.28%), Kinder Morgan (KMI 1.33%), and Vici Properties (VICI 1.76%) stand out as great income ...

ISerg Investors often ask what is the optimal number of stocks to hold in one's portfolio, and the answer is that it's not a one size fits all scenario. For one thing, sometimes it's hard to justify dollar cost averaging into existing positions when they are trading at fair or lofty valuations. That's why I always keep an eye open for value stocks that pay high and well-covered dividends. Rather than simply reinvesting dividends into the same stock, I find it more appealing and rewarding to take those divid ...

These companies plugged into some powerful megatrends. Artificial intelligence (AI) is a revolutionary technology. And according to an estimate by PwC, it could contribute a staggering $15.7 trillion to the global economy in 2030. That's more than the current combined economic output of China and India. The AI revolution requires four factors to thrive: Renewable power, data centers, semiconductors, and computing capacity. That aligns perfectly with the strategies of siblings Brookfield Renewable (BEPC 3.54 ...

Brookfield Renewable has a lot going for it these days. Brookfield Renewable (BEPC -0.18%) (BEP) currently sits about 15% below its 52-week high. This slump has pushed the renewable energy producer's dividend yield up over 5%. That's several times higher than the S&P 500's current dividend yield of less than 1.5%. A high dividend yield isn't Brookfield Renewable's only draw. The leading global renewable energy producer is growing briskly. Add that to its lower valuation, and the company could produce superc ...

Even if analysts' price targets aren't reached, these stocks should pay investors handsomely to own them. The Rolling Stones were right when they sang, "You can't always get what you want." But can't doesn't mean never. Sometimes, you can get what you want. Income investors want solid income (of course). However, they also like their investments to grow. However, they must often trade off growth in exchange for higher income. But some stocks offer both. Here are three high-yield dividend stocks that could s ...

Brookfield Renewable is an income and growth machine. The momentum surrounding renewable energy continues to build. Decarbonization is only part of the story. Renewables are low-cost, which is driving accelerating demand, especially as the world needs more power for emerging technologies like artificial intelligence. These trends play right into the hands of Brookfield Renewable (BEPC 0.32%) (BEP -0.54%). The leading global renewable energy company is capitalizing on opportunities to develop more projects f ...

Core Viewpoint - Income investors have a significant opportunity to acquire high-yield dividend stocks that are currently undervalued due to recent market fluctuations [1] Group 1: Brookfield Renewable - Brookfield Renewable reported funds from operations (FFO) of $339 million, or $0.51 per unit, reflecting a 6% year-over-year increase, and is on track for at least 10% FFO per unit growth for full-year 2024 [2] - The company owns operational capacity of 32,500 megawatts across various renewable energy sources and has a development pipeline that will increase this capacity nearly sixfold [3] - Brookfield Renewable offers a forward distribution yield of approximately 5.9% and plans to increase its distribution by 5% to 9% annually [4] Group 2: ExxonMobil - ExxonMobil exceeded Wall Street earnings estimates in its Q2 results, but its share price declined slightly due to broader market conditions [5] - The acquisition of Pioneer has significantly impacted ExxonMobil, leading to record production levels from its Permian and Guyana assets, marking the highest quarterly oil production since the merger of Exxon and Mobil in 1999 [6] - The company anticipates structural cost savings of around $5 billion by 2027 and is expanding into low-carbon businesses, including carbon capture and storage [7] - ExxonMobil has a forward dividend yield of nearly 3.3% and has increased its dividend for 41 consecutive years [8] Group 3: Enbridge - Enbridge's Q2 results did not meet consensus earnings estimates, but the company grew its distributable cash flow by 3% year over year to $2.9 billion [9] - The company raised its full-year adjusted EBITDA outlook to between $17.7 billion and $18.3 billion, up from a previous range of $16.6 billion to $17.2 billion, due to acquisitions of three U.S. gas utilities [10] - Enbridge's cash flow is largely stable, with around 98% coming from cost-of-service or contractual agreements, making it resilient to commodity price volatility [11] - The company offers a forward dividend yield exceeding 7% and has increased its dividend for 29 consecutive years [11]

Core Viewpoint - The article highlights three high-yield investment opportunities: Black Hills, Brookfield Renewable, and Enterprise Products Partners, which offer significantly higher dividend yields compared to the S&P 500 index's yield of just under 1.3% [1][2]. Group 1: Black Hills - Black Hills is recognized as a Dividend King utility with a 4.4% yield, marking 51 consecutive years of annual dividend increases [3][4]. - The current yield is above the average utility yield of 3.2%, and despite concerns over leverage and interest rates, management maintains a positive outlook supported by a $4.3 billion capital investment plan [4][5]. - Earnings growth is projected at 4% to 6% through at least 2028, with dividends expected to grow in line with earnings, historically increasing by approximately 5% annually over the past three, five, and ten years [5][6]. Group 2: Brookfield Renewable - Brookfield Renewable offers two forms of investment: a partnership yielding 6% and a corporation yielding 5.1%, with the difference attributed to tax considerations [7]. - The company operates a globally diversified portfolio of renewable energy assets, including hydroelectric, solar, wind, and battery technologies, and does not have a regulatory monopoly [8][9]. - Brookfield Renewable aims for 5% to 9% annualized distribution growth, supported by a long history of distribution increases, making it an attractive option for income investors [10]. Group 3: Enterprise Products Partners - Enterprise Products Partners boasts the highest yield at 7%, owning a portfolio of fee-based midstream assets across the U.S., which are crucial for linking the U.S. energy market globally [11]. - The company benefits from charging fees for asset usage, making it less sensitive to fluctuations in oil and natural gas prices, with expected distribution growth in the low to mid-single digits [12]. - Historically, Enterprise has increased its distribution annually for 25 years, with a recent trend of annualized increases around 3%, suggesting a potential total annualized return of approximately 10% when combined with the yield [13].

These stocks could also perform well over the long run, even if Harris doesn't defeat Trump. Another close presidential election could be on the way. It's not too soon for investors to begin thinking about where the best opportunities might lie, depending on which candidate is elected. I've already written about stocks I expect to perform well if GOP presidential nominee Donald Trump wins. However, Vice President Kamala Harris -- the presumptive Democratic presidential nominee after President Joe Biden's wi ...

Financial Data and Key Metrics - The company delivered record funds from operations (FFO) of $339 million in Q2 2024, up 9% year-over-year, or $0.51 per unit [22] - The company invested nearly $9 billion in growth opportunities, with $1 billion net to Brookfield Renewable, a record for the business [5] - The company expects to commission approximately 7 gigawatts of new capacity in 2024, adding $90 million of annual incremental FFO [24] - The company has $4.4 billion of available liquidity and expects to generate $3 billion ($1.3 billion net) in proceeds from asset sales in 2024 [25] Business Line Data and Key Metrics - The hydro fleet benefited from strong pricing due to accelerating demand for clean power [23] - Wind and solar segments saw growth from recent platform additions in North America, the UK, and India [23] - The distributed Energy Storage and Sustainable Solutions segments continued to show meaningful growth [23] - The company commissioned approximately 1.4 gigawatts of new capacity in Q2 2024 [5] - The company now has over 230,000 megawatts in its development pipeline, with 65,000 megawatts in advanced stages [11] Market Data and Key Metrics - Data center demand is driving unprecedented electricity demand, with data centers expected to account for 10-20% of global and US electricity consumption by the end of the decade [7] - The global installed capacity for electricity generation is expected to more than double over the next 20 years [7] - Wind and solar accounted for approximately 13% of global electricity consumption in 2023, up from a negligible portion two decades ago [8] - The cost of solar and wind has decreased by 90% and 65%, respectively, over the last 15 years [9] Company Strategy and Industry Competition - The company is focused on acquiring high-quality platforms in core markets with advanced pipelines to meet current customer demand [30] - The company is leveraging its large operating fleet and expansive development pipeline to position itself as a key enabler of the technology sector [11] - The company is investing in battery energy storage systems, with cost reductions driving increased demand [13] - The company is focused on delivering 12-15% long-term total returns by prudently deploying capital and executing operating initiatives [27] Management Commentary on Operating Environment and Future Outlook - The company sees a constructive market environment for renewables, with demand outpacing supply driven by data center demand and broader electrification [6] - The company expects to deliver double-digit FFO per unit growth for the year [5] - The company is well-positioned to benefit from the growing demand for clean energy solutions, particularly from technology companies and industrial customers [12] - The company is optimistic about the future of battery storage, with cost declines and increasing demand driving growth [13] Other Important Information - The company announced a proposed acquisition of Neoen, valued at $6.7 billion equity value, which will enhance its position in core renewables markets [17] - Neoen brings over 8 gigawatts of operating or under-construction assets and a 20-gigawatt advanced-stage development pipeline [19] - The company secured 20-year capacity contracts for 800 megawatts of battery storage in Ontario and began construction on 220 megawatts of battery storage in Texas [14] Q&A Session Summary Question: Advanced Development Pipeline Growth - The company explained that the increase in the advanced development pipeline to 65 gigawatts was due to acquisitions and a refined categorization process [28] - The company expects to ramp up annual commissioning capacity to around 10 gigawatts over the next few years [29] Question: Flexible Gas-Fired Power Strategy - The company reiterated its focus on renewable technologies but acknowledged that gas will play a role in the electricity mix to meet growing demand [31] Question: Solar and Battery Storage Dominance - The company confirmed that solar and battery storage are expected to dominate its development pipeline due to cost competitiveness and demand [34] Question: New Market Opportunities - The company is not actively seeking new markets but remains opportunistic, with growth expected primarily in existing regions [36] Question: Asset Sale Dynamics - The company highlighted a robust market for high-quality cash-generative assets, with strong demand from strategic buyers [41] Question: Technology Company Partnerships - The company is seeing increased interest from corporate buyers for renewable energy solutions, similar to its framework agreement with Microsoft [44] Question: Neoen Acquisition and Competition Review - The company is working through regulatory approvals for the Neoen acquisition, with no significant surprises expected [48] Question: PJM Auction Exposure - The company has a strong position in the PJM market, with the recent capacity auction providing a tailwind for future revenue [50] Question: Distributed Generation Expansion - The company remains cautious about residential distributed generation but sees potential in commercial and industrial markets [54] Question: Larger M&A Deals - The company has the capacity and appetite for larger M&A deals, with a strong funding plan in place [57] Question: Interest Rates and M&A Activity - The company noted that declining interest rates and tight credit spreads are driving increased M&A activity [59] Question: FFO Growth Target - The company expects to achieve its 10% FFO per unit growth target for 2024, despite some nuances in Q2 results [61] Question: Wind and Solar Portfolio Pricing - The company attributed the year-on-year decline in average price per megawatt hour to regulatory impacts in Spain and lower PPA prices for new assets [71]