Top 3 Dividend Stocks for Reliable Passive Income Today

Investors seeking dependable income should consider these opportunities. Focus on AbbVie, Brookfield Infrastructure, and Realty Income, which offer attractive forward yields and solid dividend histories.

Date: 27-02-2025

AI Rating: 7

Earnings and Growth Potential
While the report does not provide specific figures for Earnings Per Share (EPS), Revenue Growth, Net Income, Profit Margins, or Free Cash Flow, it emphasizes the resilience and strong dividend histories of the recommended stocks.

1. AbbVie (NYSE: ABBV)
AbbVie has a forward dividend yield of 3.2% and has notably increased its dividend for 52 consecutive years, recognizing it as a Dividend King. The company demonstrates strong growth potential, despite facing patent expirations, and expects its successor drugs to generate increased sales compared to the drug Humira.

2. Brookfield Infrastructure (NYSE: BIP and BIPC)
Brookfield Infrastructure has a substantial forward yield of 5.3% for the limited partnership and around 4% for the corporate entity. It boasts a compound annual growth rate (CAGR) for distribution of 9% since 2004, supported by stable cash flow from contracted or regulated operations.

3. Realty Income (NYSE: O)
Realty Income offers a forward dividend yield of 5.8%, with a remarkable track record of increasing dividends for 30 consecutive years at a CAGR of 4.3%. Such consistency suggests that Realty Income is well-positioned to continue providing dependable distributions. The company’s focus on essential service properties may insulate it from economic downturns, further assuring growth prospects.

In conclusion, while specific financial metrics were not provided, the text reinforces the bullish outlook on dividend stocks based on their historical performance and business models. Investors might find these stocks appealing for their dividends and growth prospects.

Stocks: ABBV BIP BIPC O