Looking for high-yielding investments? Consider adding United Parcel Service (UPS), Enbridge, and General Mills to your portfolio. UPS has seen a 17% decrease in value due to tariffs and economic conditions, but its focus on improving cash flow and margins makes it a solid dividend stock with a 6.1% yield.
Enbridge, a Canadian pipeline company, offers a 5.8% yield and has raised its dividend for 31 consecutive years. With stable earnings from transporting oil and gas, Enbridge remains a safe investment with a strong dividend outlook.
General Mills pays a 5.5% dividend and owns popular food brands. Despite concerns about health trends impacting business, the company’s profitability and low payout ratio suggest a secure dividend. Trading at a low valuation, General Mills is a dependable long-term investment option.
Consider investing in these high-yielding dividend stocks to generate approximately $1,050 in annual income. Be cautious with UPS, as analysts suggest other stocks may offer better returns. Past recommendations have yielded significant returns, highlighting the potential for growth with the right investments.
Read more at Yahoo Finance: Want $1,000 in Dividends per Year? Invest $6,000 Into Each of These 3 Stocks.
