Energy Transfer plans to increase its high-yielding distribution by 3% to 4% annually, while Brookfield Infrastructure aims for 5% to 9% dividend growth. W.P. Carey intends to match its dividend growth with cash flow. Investing in these stocks could generate significant passive income, making them attractive options for September.
Energy Transfer, a major energy midstream company, boasts stable cash flow from its infrastructure and aims to grow its distribution steadily. Brookfield Infrastructure operates various stable assets and targets growth through acquisitions. W.P. Carey, a real estate investment trust, focuses on stable, rental income and aims to increase dividends in line with adjusted FFO.
These companies provide high-yielding dividends backed by stable cash flows, making them ideal for income-seeking investors. Energy Transfer’s growth projects fuel its distribution increases, Brookfield Infrastructure’s cash flow supports its dividend growth, and W.P. Carey’s rental income drives dividend growth. Consider these options for a lucrative and growing passive income stream.
Read more at Yahoo Finance.: Got $1,000 to Invest This September? These Ultra-High-Yielding Dividend Stocks Could Turn It Into Over $60 of Annual Passive Income.
