Enterprise Products Partners has increased its distribution for 27 consecutive years.
NNN Reit recently expanded its dividend growth stretch to 36 consecutive years.
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Dividend champions are known for their reliability. These companies have increased their dividends each year for at least 25 years. Some investors don’t notice because they don’t need to be S&P 500(Snigex: ^GSPC) To enter this most important list of dividend payers.
Three underestimated dividend champions I watch this year Enbridge(NYSE: ENB)Is it Enterprise Products Partners(NYSE: EPD)and Nnn Reit(NYSE: NNN); I observe these stocks to see if they can continue to ensure the growth needed to maintain their stripes.
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Enbridge has paid dividends for over 70 years, growing them for the last 30 straight years. Despite a strong record, Canadian pipelines and utilities are not so popular with US investors. As a result, many missed learning high -income (almost 6%).
The energy infrastructure giant currently has $ 32 billion in Canada ($ 23 billion) commercially secured development projects it expects to carry out by 2029. These projects include the development of oil pipeline, new gas pipelines, natural gas performance projects and the development of renewable energy. Enbridge hopes that these investments will support 3% of its annual cash flow per share growth by 2026, then increase to 5%.
Enbridge is $ 50 billion ($ 36 billion) in development projects. I observe her progress by further ensuring new growth projects. It has already implemented several new projects this year, including 900 million Meta platforms‘Grows power needs. More growth means more fuel to increase their dividends.
Enterprise Products Partners has increased its cash distribution by 27 years. Despite this consistency, many investors avoid this main limited partnership (MLP) as it releases the K-1 graph federal tax form rather than 1099-Disk.
Although K-1 makes tax return, they also submit a certain tax relief. Those who miss MLP, such as Enterprise, spend their high yields (currently about 7%) and constantly growing distribution.
This Midstream company intends to achieve a growth spurt. It has a $ 6 billion dollars in development projects that join the end of the year, which should significantly increase its cash flow in the next quarters.
I observe whether Enterprise Products Partners can fill its growth engine. MLP expects its growth capital spending from $ 4 billion to $ 4.5 billion this year to $ 2.2 billion to $ 2.5 billion in $ 2026. It currently has no commercially secured growth projects since 2026.
Although the company recently approved the construction of a new gas processing company, it hopes to carry out this project by the end of next year. I would like it to ensure more development opportunities, which will increase the visibility of its distribution growth perspective.
NNN Reit reached an important phase last year by increasing the dividend growth stretch to 35 years (now up to 36 years). This is the third and longest series between real estate investment trustee funds (Reit) and a sign that has been reached by less than 80 state -owned companies.
This smaller Reit is not S&P 500. As a result, fewer investors keep it, so many skip a steady, high -income dividend (almost 6%).
I observe the growth of NNN Reit. In the first half of the year, he closed $ 464.9 million. USD new investment, nearly $ 500 million. USD up to $ 600 million USD annual goal of $ 100 million now USD. With a strong financial profile, it can easily exceed this goal. The greater volume of acquisition could enhance its ability to further increase dividends in the future.
Despite the constant growth of dividends, Enbridge, Enterprise Products Partners and NNN Reit are often overlooked. Although I am watching their progress this year to ensure more growth -related investments, these companies have great records to increase their cash flows and dividends. That is why I think that investors focused on income should consider the possibility of involving these reliable dividend shares in their portfolios.
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Matt Diallo occupies ENBRIDGE, Enterprise Products Partners and Meta platforms. The Motley fool is a position and recommends that Enbridge and Meta platforms. Motley Fool recommends Enterprise Products Partners. The Motley fool has a disclosure policy.
3 Dividend Champions campaigns I watch in 2025 originally published by The Motley Fool
