Got $300 to Invest This August? Buy These Dividend Stocks and Never Look Back.

Core Viewpoint - The article highlights three dividend stocks—Brookfield Infrastructure, Enterprise Products Partners, and Clearway Energy—that are considered reliable for generating steady income through dividends in the future [1][2]. Brookfield Infrastructure - Brookfield Infrastructure offers a dividend yield of approximately 4.4% for its corporate shares and 5.4% for its partnership shares, with a history of increasing distributions for 18 consecutive years [4][5]. - The company has a diversified portfolio of infrastructure assets, including utilities, railroads, and midstream assets, aiming for a 10% annual growth in funds from operations and a 5% to 9% increase in distributions [5][6]. - Brookfield actively manages its portfolio by acquiring undervalued assets, enhancing their value, and selling them at a profit, which has proven to be a successful strategy [6]. Enterprise Products Partners - Enterprise Products Partners boasts a solid 7% dividend yield and has increased its dividend for 27 consecutive years, demonstrating strong stability and growth [7][8]. - The company benefits from relatively stable cash flows due to long-term contracts in the pipeline sector, allowing it to prioritize reinvestment and shareholder returns [8][9]. - In the second quarter, Enterprise Products reported a 7% year-over-year growth in distributable cash flow (DCF) and a 3.8% increase in dividends, with DCF covering dividends by 1.6 times [9][10]. - Major projects worth $6 billion are expected to enhance cash flows, including expansions in the Permian Basin and acquisitions of natural gas-gathering systems [10][11]. Clearway Energy - Clearway Energy operates a diverse portfolio of clean energy assets, yielding nearly 6% and providing stable cash flow through long-term contracts [12][15]. - The company plans to invest in wind repowering projects and renewable energy developments, aiming for a cash available for dividends (CAFD) of at least $2.50 per share by 2027, up from $2.08 this year [14][15]. - Clearway anticipates annual dividend growth of 5% to 8% in the coming years, supported by its strategic partnerships and financial capacity for new investments [16][17].