2 Top Dividend Stocks to Buy in January
Most companies that choose to redistribute a portion of profits to shareholders are mature, relatively slow-growing businesses. But not all dividend stocks are boring.
There are companies with mature business units that are also investing in promising growth opportunities. If they succeed in capturing new markets, then they might be able to grow their dividend payouts for years to come.
Take Scotts Miracle-Gro (NYSE: SMG) and Enterprise Products Partners (NYSE: EPD) as two great examples. The former is a leader in consumer lawn and garden markets, but is also a leading provider of hydroponics and other products to the fledgling cannabis industry. The latter rakes in cash flow as a leading midstream operator, but is taking advantage of American energy exports to expand business in lower-risk petrochemical markets.
Source Fool.com
