Core Viewpoint - Dividend stocks, particularly Brookfield Renewable and Mid-America Apartment Communities, are highlighted as strong long-term investments due to their consistent and rising dividend payments over the years [1][12]. Group 1: Brookfield Renewable - Brookfield Renewable has achieved a 6% compound annual growth rate in its dividend payments since 2001, with a current yield of 4.4%, significantly higher than the S&P 500's 1.2% [4][12]. - The company generates stable cash flow through power purchase agreements (PPAs), with 90% of its power sold under contracts averaging 14 years in duration, which are linked to inflation [5][6]. - Brookfield anticipates its funds from operations (FFO) per share to grow at a rate of over 10% annually through the end of the decade, supporting a target of 5% to 9% annual dividend growth [7][12]. Group 2: Mid-America Apartment Communities - Mid-America Apartment Communities has maintained a consistent dividend payment for 31 years, with a 15-year streak of increases and a 7% compound annual growth rate over the past decade [8][12]. - The company owns over 104,000 apartment units in the Sun Belt region, focusing on areas with strong employment and population growth, which drives rental demand [9][10]. - With nearly $1 billion in new apartments under construction and the capacity for further developments, Mid-America is well-positioned to continue increasing its 4.2% yielding dividend [11][12].
2 Tremendous Dividend Stocks to Buy Hand Over Fist in September