Anytime is a good time to invest in dividend stocks. However, the beginning of a new year can psychologically feel like the best time of all to put money to work in new ways.
There are thousands of dividend stocks from which you can choose. Some are better than others, though. Here are three no-brainer dividend stocks to buy in 2024.
1. Enterprise Products Partners
Enterprise Products Partners (NYSE: EPD) is a leader in the midstream energy industry. It operates more than 50,000 miles of pipelines, as well as other midstream assets such as natural gas processing plants and storage facilities.
What most other companies would call a dividend, limited partnerships such as Enterprise refer to as a distribution. At its current share price, Enterprise’s distribution yield is a sky-high 7.6%. Even better, the company has increased its distributions for 25 consecutive years. And…