Have $1,000? 2 All-Weather Dividend Stocks to Buy and Hold Forever
Economic storms blow through every few years. These downturns can affect the earnings of companies with economically sensitive business models. That can affect their ability to pay dividends.
That makes it crucial to focus on companies that can sustain their dividends no matter what's going on in the economy. Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP) and Reality Income (NYSE: O) built all-weather businesses that allow them to continue growing their payouts during tough times. That makes them great dividend stocks to buy for a potential lifetime of income.
Brookfield Infrastructure built its business to endure. The company owns a globally diversified portfolio of critical infrastructure assets. They generate very stable cash flow backed primarily by long-term contracts and government-regulated rate structures:
Source Fool.com
Brookfield Corp. Stock
Our community is currently high on Brookfield Corp. with 21 Buy predictions and 12 Sell predictions.
As a result the target price of 53 € shows a slightly positive potential of 5.16% compared to the current price of 50.4 € for Brookfield Corp..
