Coca-Cola has increased its dividend every year for more than 60 consecutive years.
Renewal of Brookfield since 2001 Increased his dividend by 6% at the compound annual rate.
WP Carey goes back to the road, increasing its dividends.
10 shares we like more than brookfield renewable energy ›
I seek to achieve financial independence through passive income. My strategy is to expand my income flows until they cover my main living costs. One part of my plan is to pay $ 250 in my mediation account every month to buy a high -income dividend shares.
When the next monthly transfer is scheduled for later this week, I plan to use cash to purchase more shares Coca-Cola(Nyse: what)Is it Brookfield renewed(Nyse: be)(NYS: SMSC)and Wp cary(NYSE: WPC); That is why I think they are great dividend shares that can be bought for passive income.
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Coca-Cola was an extremely reliable dividend stock. For 63 consecutive years, it has increased its dividend benefit by earning a place among the elite kings of dividends, companies with a continuous growth of dividends at least 50 years. Currently, the global beverage leader receives more than 3%more than twice S&P 500yield (less than 1.2%).
The Iconic Beverage Company supports its dividends with durable and steadily increasing cash flows. Currently, the Coca-Cola benefit of about 73% of its free cash flows in the dividend of capital. The remaining surplus allows the company to maintain its strong balance. She also uses her financial flexibility to redeem shares and acquire acquisitions.
Coca-Cola hopes its capital investment will help maintain from 4% to 6% of annual organic income and 7% to 9% of the stock package over a long period of time. Acquisitions of the future could help to further strengthen these results. Since 2016 The acquisition increased by a quarter of the company’s revenue. Coca-Cola’s increasing income and cash flow should continue to increase its high yield dividends.
Brookfield Renewable has increased impressive income growth over several decades. This global renewable energy manufacturer has increased its dividends from 6% of the compound annual rate since 2001. Today, its payout increases over 4%.
Clean energy producer creates a very stable and steady cash flow. It sells more than 90% of the electricity it produces for utilities and large corporations under long -term energy purchase contracts (the remainder of the 14 -year term), most of whom references to inflation (70% of its income). These contracts should increase Brookfield funds from operations (FFO) by 2-3% per year. Meanwhile, as the price of demand increases the price increases faster than inflation, Brookfield should be able to sign even more profitable contracts in the future. This catalyst should add 2% to 4% of your FFO per share each year.
In addition, Bookfield hopes to invest billions of dollars in the coming years to expand its portfolio through development projects and acquisitions. These growth catalysts should help increase its FFO-LES stock growth rate above 10% per year. This perspective easily supports the Bookfield plan for the next year to increase its high yield pay from 5% to 9%.
WP Carey increased its dividends every year every year a quarter of a century. This stretch ended in 2023. At the end of the end. Diversified the Real Estate Investment Trust Fund (Reit) reset its dividend benefit to better compliance with cash flows after the strategic decision to withdraw from the office sector.
Red has spent the last couple of years slowly restoring his portfolio and dividends. This has processed capital from offices and other real estate sales to new real estate objects with better long -term growth drivers such as industrial real estate. This year, she has already spent $ 1.3 billion on new real estate, allowing her to follow her forecast for $ 1.4 billion to $ 1.8 billion.
These new investments are growing in RIT -adjusted FFO per share that aims to increase by about 4.5%this year. This growth of earnings allowed the reity to steadily increase its dividends. From 2024 In the beginning, it increased payment for each quarter, including 4% in the last 12 months. As a result, his dividend yield is now over 5%. This constant growth should be continued when WP Carey expands its real estate portfolio.
Coca-Cola, Brookfield Renewable and WP Carey are ideal dividend shares available for passive income. They pay very fertile and constantly rising dividends supported by durable and growing cash flows. That is why this week I plan to invest another $ 25 in this trio because I continue to grow passive sources of income.
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Matt Digallo is positioning in Bookfield renewed, brookfield renewable partners, Coca-Cola and WP Carey. The Motley Fool recommends brookfield Renewable and Brookfield renewable partners. The Motley fool has a disclosure policy.
3 dividends shares I plan to invest $ 250 in this week for passive income
