5 Safe Dividend Stocks Yielding Over 5% You Can Buy Without Hesitation Right Now for Passive Income
Higher efficiency dividend stocks can produce too much passive income. However, a disadvantage is that a higher dividend efficiency may be a warning sign that payment is at risk of a decrease.
This is not always the case. Five low risk dividend stocks with over 5%yield, which is more than the triple S&P 500-1.5 %dividend yield. Due to low risk profiles, you can safely buy them. high efficiency dividend stocks For passive income Right now.
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Corporate Products Partners(NYSE: EPD) Currently it gives 6.7%. . Master Limited Partnership (MLP), investors a Table K-1 Federal Tax Form Every year, it supports payment with a very stable cash flow profile and a strong balance sheet. Midstream Energy Company’s integrated pipelines, processing facilities, storage terminals and export facilities network produces predictable cash flow supported by long -term, fixed -rate contracts and ratio structures issued by the state. The company has produced adequate distributive cash flow to meet its high efficiency payment. A comfortable 1.7 times in the first quarter. Enterprise also has the most powerful balance sheet in the mid -flow sector.
The MLP has proved its durability by increasing its high -efficiency distribution for decades for 26 years. This line seemingly likely to continue. Enterprise currently has a large capital project of $ 7.6 billion on the way to commercial service by the end of next year. Increased cash flow from these projects will give to the company equal More fuel to continue to increase high efficiency payment.
Enbridge(NYSE: ENB) Currently it gives 5.8%. Canada Pipeline and Public Service Company Produces This is the stable cash flow withdrawing. Preventable service cost agreements and long -term, fixed paid contracts are locked in 98% of their annual earnings. Their earnings can be so predictable that Enbridge has achieved annual financial guidance for 19 years overlap.
ENBridge pays outside 60% to 70% of the stable cash flow in dividends protects the rest to help the expansion projects provide funds. Enbridge also has a strong investment class balance sheet. leverage ratio Trend towards the lower end of the target range. HE Gives flexibility To invest billions of dollars every year to expand oil pipelines, natural gas pipelines, natural gas public services and renewable power businesses. This growth gives fuel to increase Enbridge’s dividend for 30. straight Years.
NNN GYO(Nyse: nnn) It has 5.5 % dividend return. . GYOFocuses on investing In single tenant retail properties, which are guaranteed with long -term, triple netNnn) Rentals. This provides leases with Stable cash flow to pay dividends, because tenants cover all property operating expenses, including routine care, real estate taxes and building insurance.
GYO has a conservative dividend payment rate and balance sheet. IT is waiting This year, after 200 million dollars of dividend to produce free cash flow and the sector leader has an average debt maturity of 11.6 years. These features give the capacity to invest in new income -generating retail properties. First buy properties SALES-SEXT PAYMENT transactions With existing tenants. This strategy continuously enlarged its income and Nnn GYO to increase dividend payment for 35 straight Years. Only two GYOs and less than 80 more public companies have reached this milestone.
Vertexon(NYSE: VZ) There is a 6.3 % dividend return. Produces mobile and large band giant A lot Repetitive cash flow as customers pay their bills. Last year, Verizon provided 36.9 billion dollars of cash flow from operations. This was enough money to meet capital expenditures to protect and expand fiber and 5G networks of $ 17.1 billion, and the dividend payment of $ 11.2 billion left a free cash flow. This surplus has enabled Verizon to strengthen his solid balance sheet like a rock.
Verizon also buys Border communication An agreement of 20 billion dollars to support the fiber network and general growth investments in 5G and fiber It should support increasing cash flows in the future. This should ensure that the company continues to increase its high -efficiency dividend. Last year, Verizon increased its payment on a consecutive year, the longest current line in the US Telekom industry.
Vici Properties(NYSE: VICI) It has a 5.4 % dividend return. GYO supports its payment with a high -quality real estate portfolio. Vici Properties invest in market leader play, hospitality, healthy life, entertainment and leisure destinations. Rents back to the tenants operating these properties A lot long -term Nnn 40.4 -year -old average rental time remaining leases.
GYO pays 75% of its stable income as dividends. There is also a solid investment class balance sheet like rock. These features provide financial flexibility to invest in additional income -generating real estates. Vici’s growing portfolio provided this constantly increasing the dividend. He increased his dividends within seven years since his formation and increased his payment at a compound rate of 7.4%, which Nnn Rental peers.
Corporate Products Partners, Enbridge, Nnn REIT produces stable cash flow, which helps to support more than 5%efficient payments of Verizon and Vici properties. These companies also have strong Financial profiles that allow them to invest in growing their business. This growth supported stable dividends increases, seemingly likely with to continue.This yield, financial power and growth combination, why any One For passive income, these high efficiency dividend stocks Right now without hesitation.
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MATT DILALLO Enbridge has positions in Corporate Products Partners, Verizon Communications and Vici Properties. Motley Fool positions and recommends in Enbridge. Motley Fool recommends Enterprise Products Partners, Verizon Communications and Vici Properties. Motley Fool’s Explanation policy.