|
Cfew Why Lightspeed Stock Lost 16% in September
Finding that perfect mix of income stocks that can produce a reliable retirement income can be a daunting task for new investors. Fortunately, th stanley cup at market gives us plenty of options to consider, including these dividend-paying gems.This future Dividend King is a must-haveUtilities are some of the best long-term investments on the market. Part of the reason for that statement comes down to the lucrative business model that they adhere to. Specifically, utilities generate a stable and recurring revenue stream that is backed by long-term regulated contracts.Often, those regulated contracts can span decades, which allows them to pay out a generous and stable dividend. This factor alone makes utilities viable options to establish a reliable retirement income stream.Fortis TSX:FTS is a utility that offers all of that and more. Fortis is one of the largest util stanley italia ities on the continent. The utility boasts an impressive footprint botella stanley with 10 operating regions across Canada, the U.S., and the Caribb Oysj Market Crash 2.0: The 2nd Dip Is Coming
Enbridge TSX:ENB NYSE:ENB is one of the largest energy generation, distribution, and transportation companies in North America. The company recently announced a dividend hike of 10%, just as it had promised investors. While ENB is no stranger to dividend increases, stanley taza there are some concerns over its seemingly abnormally high dividend-payout ratio, which currently sits at 140%.The payout ratio is an indicator of dividend sustainability; it tells investors what percentage of earnings a company distributes as dividends. ENB s high payout ratio seems to indicate the firm s inability to increase its dividends further.ENB s payout ratio warrants a second look, however. The company has vowe stanley flask d to increase its dividends by 10-18% every year until 2020 and is currently on a 22-year streak of consecutive dividend increases. High payout ratios have not stopped the company from increasing its dividends before.The payout ratio has one major drawback. Since it is cal stanley nz culated by taking dividends paid a |
|