Top Dividend Stock Recommendations for June

Reported 11 months ago

The article discusses Enterprise Product Partners and Enbridge as top dividend stocks to consider in June, offering over 7% yields with reliable businesses and consistent payout increases. Despite fluctuations in energy prices, both companies have a history of raising distributions annually. Enterprise, an MLP, presents a 7.2% yield, while Enbridge offers about 7.3%. While growth may be modest, the companies provide a steady income stream, ideal for passive income investors. Factors like taxation and currency exchange rates are noted, with the focus on contractual rate increases for future growth.

Source: YAHOO

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