3 Ultra High-Yield Dividend Stocks Down 22% to 73% to Buy on the Dip
Higher interest rates have crushed higher-yielding dividend stocks. Many of these companies need to borrow money to fund new investments, which is getting more expensive. Meanwhile, lower-risk income investments like bonds and bank CDs now offer higher yields. These factors have weighed on the valuations of many higher-yielding dividend stocks, pushing their yields even higher.
Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC), Enbridge (NYSE: ENB), and NextEra Energy Partners (NYSE: NEP) have gotten walloped, falling 22% to 73% from their 52-week highs. Here's why income-focused investors should consider buying these dividend stocks on their dips.
Brookfield Infrastructure has plunged more than 30% from its 52-week high. That sell-off has pushed its dividend yield up to 6%. That's several times above the S 500's 1.6% dividend yield.
Source Fool.com
Brookfield Corp. Aktie
Durchaus positiv bewertet unsere Community derzeit Brookfield Corp. mit 14 Buy-Einschätzungen und 1 Sell-Einschätzungen.
Die Community sieht für Brookfield Corp. ein leicht positives Kursziel von 42 € im Vergleich zum aktuellen Kurs von 38.0 €.
