Legendary investor Peter Lynch famously quipped that "the best stock to buy is the one you already own." That's because you've already done the research and have a high conviction in the company's return potential. I've heeded that advice over the years by routinely adding to my highest conviction positions.

I plan to follow it again this month. Even though Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC), Brookfield Renewable (NYSE: BEP)(NYSE: BEPC), and Enbridge (NYSE: ENB) are already some of my top holdings, I intend to buy even more shares this November. Here's why I plan to boost my positions in these high-conviction, high-yielding dividend stocks.

Units of Brookfield Infrastructure have inexplicably tumbled by nearly 30% from their 52-week high to around $27.50 apiece. That sell-off has pushed the global infrastructure operator's dividend yield up to 5.6%. That's its highest level in years.

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Source Fool.com