Science and Technology Science and Technology

Up To 8% Yields: 2 Worry-Free Dividend Stocks For Durable Income


Published on 2024-12-18 07:41:08 - Seeking Alpha
  Print publication without navigation

  • Long-term focus and avoiding market timing are key to wealth building. Check out 2 worry-free dividend stocks for durable income.

The article from SeekingAlpha discusses two high-yield dividend stocks recommended for investors seeking reliable income with minimal risk. The first stock, Enterprise Products Partners (EPD), offers a yield of about 7.5% and is highlighted for its stable cash flows from midstream energy operations, which are less volatile than commodity prices due to fee-based revenue models. EPD has a track record of increasing its distribution for 25 consecutive years, showcasing its financial stability and commitment to shareholders. The second stock, Verizon Communications (VZ), provides a yield around 8% and is praised for its robust free cash flow generation, which supports its dividend payments despite the competitive pressures in the telecom industry. Verizon has also been increasing its dividend for 19 consecutive years. Both companies are seen as safe havens for income-focused investors due to their strong business models, consistent dividend growth, and the essential nature of their services, which ensures steady demand.

Read the Full Seeking Alpha Article at:
[ https://seekingalpha.com/article/4744883-up-to-8-percent-yields-2-worry-free-dividend-stocks-for-durable-income ]