Hot Stock Alert: Buy These 3 Stocks That Could Go Up 100% (or more)
Thanks to recent developments and current market conditions, we’ve identified several massive opportunities for traders and compiled them into a free report. In this free report, we reveal 3 of those trade opportunities that have triple digit gain potential. Download Your Free Report
One of the best ways to predictively generate wealth over the long term is to invest in stocks offering a dividend.
However, it’s not always easy finding high-yielding dividend stocks that are worth buying or that are capable of sustaining their yields.
Here are two strong stocks that offer yields over 4%.
International Business Machines (NYSE: IBM)
IBM (NYSE: IBM) is one of the most diversified tech companies out there as it operates in the IT services, business software, mainframes, cloud services, and artificial intelligence spaces. And the company has been delivering a quarterly dividend for over a century.
However, that dividend wasn’t all that attractive until recently.
The company has raised its dividend like clockwork over each of the last 23 years, and it now sits at 4.3%.
That’s more than double the dividend yield of the S&P 500 and is better than what you can expect from most other big tech names.
That 4.3% yield looks safe as well.
IBM expects to generate $12 billion in free cash flow this year, and revenue is likely to increase driven by the company’s high-growth cloud services and mainframes businesses.
Brookfield Infrastructure Partners (NYSE: BIP)
Brookfield (NYSE: BIP) is a publicly traded partnership that invests in and operates infrastructure worldwide.
Its business model is to buy for a low price unique infrastructure assets—like railroads or shipping ports—around the world that face very little or no competition and generate reliable cash flow no matter the economic conditions.
This business model has helped BIP consistently grow revenue and profits.
The company has crushed most other utilities and the S&P 500 in the last 10 years driven by its combination of multiple growth catalysts, cash-rich business model, and fantastic management.
BIP offers investors an outsized yield at 4.7%, and has the potential to deliver double-digit profit growth as it has billions in capital waiting for the next opportunity to expand its portfolio to appear.