Dividend lovers can find promising investment opportunities in Realty Income, Brookfield Infrastructure, and Clearway Energy, as these companies offer high yields and visible growth. Realty Income has a history of consistent dividend payments and expects to continue growing its attractive dividend. Brookfield Infrastructure recently announced its 15th consecutive annual dividend increase and plans to increase its payout at a 5% to 9% annual rate over the long term. Clearway Energy expects to grow its already alluring dividend toward the upper end of its 5% to 8% annual target range through 2026, backed by its capital recycling strategy and renewable energy investments.
Clearway Energy, Crown Castle, and Kinder Morgan are three dividend stocks that offer yields above 6% and have a track record of steady dividend growth. Clearway Energy, one of the largest renewable energy producers in the US, expects to grow its dividend in the upper end of its 5% to 8% annual target range through 2026. Crown Castle, a REIT focused on telecommunications infrastructure, benefits from strong and growing demand driven by 5G technology. Kinder Morgan, a pipeline company, generates durable cash flows and has a portfolio of expansion projects that should support future dividend increases. These stocks provide investors with the opportunity to lock in attractive and growing passive income streams.
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.
