"Top Dividend Stocks for Passive Income in June 2023"

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Source: The Motley Fool
"Top Dividend Stocks for Passive Income in June 2023"
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TL;DR Summary

Three Motley Fool contributors recommend Clearway Energy, FlexShares STOXX Global Broad Infrastructure Index Fund, and Brookfield Infrastructure as top dividend stocks to buy now for investors seeking passive income. Clearway Energy operates an 8-gigawatt portfolio of renewable energy projects and sees its payout growing by 5% to 8% per year through 2026. The FlexShares infrastructure ETF offers broad exposure to ongoing infrastructure spending in the developed world, with a sustainable 2.2% dividend yield. Brookfield Infrastructure has an enticing forward dividend yield of 4.2%, a global presence, and a dedication to rewarding shareholders with a compound annual growth rate of 9% from 2012 to 2022.

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