247Wallst·2025-12-29 17:35Core Viewpoint - Jim Cramer recommends three dividend stocks: Enbridge Inc., Pfizer, and Realty Income, highlighting their strong fundamentals and potential for long-term growth despite market volatility [1][2]. Enbridge Inc. - Enbridge is an oil pipeline company that focuses on the volume of oil transported rather than commodity prices, serving over 7 million U.S. customers [3][4]. - The company has a dividend yield of 5.98%, trading at $47.53, and is expected to add $8 billion in new projects next year, which could enhance cash flow and dividend payouts [5]. - Enbridge has raised its dividends for two consecutive years, paying an annual dividend of $2.84, and is considered to have a low-risk business model with strong fundamentals [5]. Pfizer Inc. - Pfizer is recognized as a dividend giant with a yield of 6.86%, viewed as a "bond equivalent" by Cramer, providing stable returns despite limited share price appreciation [6][7]. - The company has made strategic acquisitions, including Seagen and Metsera, to strengthen its drug pipeline and address patent expirations [7]. - Pfizer generated $14 billion in free cash flow this year, has a payout ratio of 53.13%, and has increased dividends for 15 consecutive years, with a 5-year dividend growth rate of 3.62% [8]. Realty Income - Realty Income is a REIT that leases commercial properties, offering a yield of 5.7% and known as 'The Monthly Dividend Company' [9][10]. - The company has a high occupancy rate of 98.7% and owns 15,500 single-tenant properties, demonstrating resilience even in weaker consumer spending environments [10][11]. - Realty Income has raised its dividend four times this year, pays an annual dividend of $3.24, and has a 4.2% annualized growth rate over the past three decades, making it a reliable high-yield dividend stock [10][11].