Stock investments can help to strengthen an investment portfolio, and dividend stocks are some of the very best for both new and experienced investors. These stocks often perform better than non-dividend options, and they can help if the ultimate goal is to develop a passive income that is used for reinvestment or even retirement savings.
Stock markets are always volatile, even when we look at the safest companies, however, the following dividend stocks are proven high performers and there’s nothing to suggest that they won’t pay out for investors in 2018.
Stock Investment: Verizon (NYSE: VZ)
Verizon stocks hit highs and lows throughout 2017, but the company’s stock price never went below $42 USD, which wasn’t a massive drop from the 12-month peak of just over $52 USD. Analysts are predicting that Verizon stock will hit as high as $61 in 2018. Even setting the price aside, an annual return rate of 8% over the past three years makes it a solid option for anyone looking for dividend stocks.
With recent changes in the telecommunications landscape, including the FCC’s ongoing repeal of Net Neutrality rules, Verizon could perform better as a company in 2018 and in the following years.
Brookfield Infrastructure (NYSE: BIP)
Brookfield Infrastructure owns a diverse assets portfolio that includes infrastructure in the energy, power, telecommunications, transportation, and water sectors. Many of the contracts are long term and will guarantee revenue for the foreseeable future. Brookfield offers solid dividend payout yields and the stability of this stock makes it one of the best low-risk dividend options for new investors, or even experienced investors who want to diversify with a stock that has excellent short and long term prospects.
Best Buy Co Inc. (NYSE: BBY)
Best Buy is a resilient company that has remained stable and profitable, even in the face of increased competition from online retailers like Amazon.com Inc. (NASDAQ: AMZN). Best Buy is so stable that they’ve steadily increased their annual payout for the last 14 years. In 2017, their dividend payout grew by 21.4%, which was great news for stockholders.
Best Buy isn’t the most glamorous stock on the market, but it comes with little risk and an excellent track record of providing significant financial rewards for investors.
* Past performance does not necessarily predict future results. Invest at your own risk or consult a financial advisor for further advice.
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