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3 Top High-Yield Dividend Stocks I Plan to Buy in July to Boost My Passive Income
The Motley Fool· 2025-07-02 09:03
Core Insights - The article discusses the importance of generating passive income through investments in high-yielding dividend stocks, highlighting three specific companies: Brookfield Infrastructure, Chevron, and W.P. Carey as attractive options for income generation [2][13]. Brookfield Infrastructure - Brookfield Infrastructure is a leading global infrastructure investor with a diversified portfolio that includes utilities, energy midstream, transportation, and data assets, generating stable cash flow and supporting a dividend yield of over 4% [4]. - The company derives 85% of its funds from operations (FFO) from contracted or regulated assets, which are indexed to inflation, potentially adding 3% to 4% to its FFO per share annually, alongside an expected 1% to 2% growth from global economic expansion [5]. - Brookfield pays out 60% to 70% of its stable cash flow in dividends, allowing for reinvestment in growth projects, which are anticipated to boost FFO per share by 2% to 3% annually, with an overall expectation of more than 10% annual FFO per share growth [6]. Chevron - Chevron's dividend yield is nearing 5%, supported by a strong foundation with the lowest breakeven levels in the sector at approximately $30 per barrel, significantly below recent price points [7]. - The company has maintained a robust balance sheet with a leverage level of 14%, well below its target range of 20%-25%, enabling consistent dividend increases for 38 consecutive years [8]. - Chevron expects its growth projects to contribute an additional $9 billion to free cash flow next year at a $60 oil price and is pursuing an acquisition of Hess to enhance its production and cash flow growth outlook [9]. W.P. Carey - W.P. Carey is a diversified real estate investment trust (REIT) that owns critical operational real estate, including warehouse and retail properties, with leases that feature rental escalations tied to inflation, supporting a dividend yield of 5.5% [10]. - The REIT pays out about 70% to 75% of its stable cash flow in dividends, allowing for reinvestment in additional income-generating properties, supported by a strong balance sheet [11]. - W.P. Carey has consistently raised its dividend every quarter since late 2023, following a strategic exit from the office sector, and had previously increased its dividend annually for 25 years [12].
BGC Group (BGC) Matches Q1 Earnings Estimates
ZACKS· 2025-05-07 14:25
Core Viewpoint - BGC Group reported quarterly earnings of $0.29 per share, matching the Zacks Consensus Estimate, and showing an increase from $0.25 per share a year ago [1] - The company achieved revenues of $664.24 million for the quarter, exceeding the Zacks Consensus Estimate by 4.59% and up from $578.61 million year-over-year [2] Financial Performance - BGC Group's earnings per share (EPS) for the last quarter was $0.29, consistent with expectations, and the company has surpassed consensus EPS estimates only once in the last four quarters [1] - The company has consistently exceeded revenue estimates, achieving this four times in the last four quarters [2] Market Performance - BGC Group shares have increased approximately 4.8% since the beginning of the year, contrasting with a decline of 4.7% in the S&P 500 [3] - The stock's future price movement will largely depend on management's commentary during the earnings call [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.31, with projected revenues of $706.1 million, and for the current fiscal year, the EPS estimate is $1.22 on revenues of $2.72 billion [7] - The estimate revisions trend for BGC Group is favorable, leading to a Zacks Rank of 1 (Strong Buy), indicating expected outperformance in the near future [6] Industry Context - The Financial - Investment Bank industry, to which BGC Group belongs, is currently ranked in the bottom 24% of over 250 Zacks industries, which may impact stock performance [8]