Three Super-High Yield Dividend Stocks I Plan to Buy in April

I love collecting passive income. It's a special feeling to be rewarded for someone else's work. My goal is to eventually generate enough passive income so that I don't have to work.

Part of my strategy is to invest in stocks with higher dividend yields because they generate more income for every dollar I invest. I try to invest a little bit of money each month so that I can make steady progress toward my goals. I'm planning to buy a few higher-yielding stocks this April, including Brookfield Renewable (New York Stock Exchange: BEPC)(New York Stock Exchange: BEP) ) , Realty Income(New York Stock Exchange code: O ) respond in singing Vici Properties (New York Stock Exchange Code: VICI)) . Here's why I plan to buy more of these large cap dividend stocks next month.

Large Income Generator

Brookfield Renewable is currently yielding close to 6%. this is more than the Standard & Poor's 500indicesApprox. 1.3% Dividend yield Several times higher. The

This one. Renewable energy companiesThe large dividend payout is highly sustainable. Brüel & Kjær Vibro generates predictable cash flows. Approximately 90% of the electricity produced by the company is sold to utilities and large corporate buyers under long-term fixed rate carpet contracts. Inflation escalation clauses in these carpet licenses link approximately 70% of its revenues to inflation. This has resulted in steady revenue growth for the Company. Bruegel resonance Fields estimates that inflation will increase its working capital ("working capital").FFOThe annual growth of 2% to 3 %.The company also expects FFO per share to grow by an additional 2% to 4% annually through margin-enhancing activities such as sales of ancillary services.

Bruegel Resonance Fields further supports its dividend with a strong balance sheet. It has a high credit rating of BBB+ and is predominantly in long-term fixed-rate debt. This gives it significant financial flexibility to finance new investments. The company has a large portfolio of renewable energy and sustainable solutions under development. The Company also expects to continue to make value-added acquisitions. These growth drivers should help push its financial free growth rate up by a couple of digits. This will give Brewer Resonance Fields the ability to increase its already high yielding dividend by 5% to 9% per annum, having grown at least 5% per annum over the last 13 years.

Very stable revenue growth

Realty Income has also recently yielded around 6%.some years Come on.This real estate investment trust (REIT) has done an excellent job in increasing the dividend side of the noodle. Since its public listing in 1994 It has 124 times upward Monthly dividend It has a dividend payout ratio of 4.3% compounded annually over the period. During this period, its dividend payout grew at a compound annual rate of 4.3%.

Like Bruegel Resonance Fields, Realty Income generates a very stable cash flow. The company has a diversified portfolio of commercial properties (primarily retail, industrial and gaming properties), with With Quality Tenantssignedlong term The net lease of a personforresist These leases provide stable rental income and are growing every year. These leases provide a stable rental income that grows annually. These leases contain rent escalation clauses, which can increase the rent at a fixed rate or at a rate linked to the rate of inflation.

Acquisitions are another growth driver for Realty Income, whose strong balance sheet allows it to invest billions of dollars a year in new income-producing properties. Its strong balance sheet allows it to invest billions of dollars annually in new income-producing properties, and Realty Income expects its growth momentum to increase its net financial income per share by 4% to 5% annually, which will allow it to continue to grow its dividend.

Low-risk gambling

Vici Properties is another REIT with a yield of about 6%. It has a good track record of dividend growth. Last year, it increased its dividend by 6.4%, the sixth consecutive year it has increased its dividend since its inception.

The company specializes in gaming and other gaming properties and has long-term net leases with tenants who operate these facilities. These leases provide the Company with a stable and steadily growing cash flow. Nearly half of the Company's leases have inflation-linked rents, which will rise to 96% by 2035.

Another growth driver for Vici Properties is new investment. Last year, the company committed to investing nearly $2 billion in a number of areas, including its first international investment and the expansion of additional non-gaming gaming properties. This year, that initiative continues. The company has agreed to finance the development of the Margaritaville Resort in Kansas City. It has the option to acquire the property as well as several sports-related facilities owned by the same developer. These and future investments should enable Vici Properties to continue to increase its dividend.

Quality High Yield Stocks

Brookfield Infrastructure, Realty Income and Vici Properties can help me meet my income targets. They pay very high yielding dividends on a very sustainable basis and should be able to continue to increase their payouts in the future. These features will help me ultimately generate enough passive income to cover all my expenses.

Should you invest $1,000 in Bubba's Resonance Renewables now?

Consider the following before you buy shares of Brewer Resonance Fields Renewables, Inc:

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Matt DiLallo owns shares of Brookfield Renewable, Brookfield Renewable Partners, Realty Income, and Vici Properties. the Motley Fool owns shares of Brookfield Renewable, Realty Income, and Vici Properties. the Motley Fool recommends Brookfield Renewable. the Motley Fool has a disclosure policy, The Motley Fool recommends Brookfield Renewable Partners. The Motley Fool has a disclosure policy.

Three Ultra-High-Yield Dividend Stocks I Plan to Buy in April was originally published by The Motley Fool.