3 High-Yield Stocks for Building a Nest Egg
Dividend stocks can be an excellent long-term way to build your nest egg. Finding solid high-yield stocks -- or stocks with big dividend growth that could turn into high yields down the road -- can be even better. But investors must be wary with high yields, which sometimes are the result of a stock price falling when a dividend cut is imminent.
We asked three of our investing contributors to give us a stock that either pays a high yield that's both secure and likely to grow, or a stock with very good dividend growth prospects that could lead to a big yield in the near future. They gave us retail property owner Retail Opportunity Investments Corp (NASDAQ: ROIC), energy giant Enterprise Products Partners L.P. (NYSE: EPD), and utility company NextEra Energy Inc (NYSE: NEE).
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Source: Fool.com
Enterprise Products Partners L.p. Stock
Enterprise Products Partners L.p. is currently one of the favorites of our community with 20 Buy predictions and no Sell predictions.
As a result the target price of 30 € shows a very positive potential of 99.68% compared to the current price of 15.02 € for Enterprise Products Partners L.p..
