2 Dividend Stocks to Double Up on Right Now

Many high-quality, higher-yielding dividend stocks underperformed the market last year. The primary culprit has been higher interest rates. Higher rates make lower-risk income investments such as bank CDs and government bonds more attractive to investors. That tends to weigh on the value of higher-yielding dividend stocks, which have a higher risk profile, increasing their yields. Investors can consequently lock in much higher yields on some top-notch dividend stocks these days. Two top dividend stocks to consider doubling up on right now, without overallocating your portfolio, or buying if you don't already own them are Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) and Realty Income (NYSE: O). They offer high-yielding payouts and have visible upside catalysts, which could help power robust total returns for investors in the future. Shares of Brookfield Renewable have slumped more than 10% over the past year. That decline has helped push the renewable energy company's dividend yield above 5.5%. That's several times higher than the S&P 500's 1.2% dividend yield, which is near its lowest level in more than two decades. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool