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3 High-Yield Dividend Stocks I Can't Wait to Buy to Boost My Passive Income


Published on 2025-02-13 07:41:12 - MSN
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  • I'm about to get a big cash infusion in my portfolio. Last year, private equity giant Blackstone agreed to buy one of my holdings, Retail Opportunity Investments Corp., in an all-cash deal. That transaction should close soon.

The article from MSN Money discusses three high-yield dividend stocks that the author is eager to invest in to enhance their passive income. The stocks highlighted are Enbridge, TC Energy, and BCE. Enbridge, known for its extensive pipeline network, offers a high dividend yield due to its stable cash flows from long-term contracts, despite facing some financial pressures from debt. TC Energy, similarly involved in energy infrastructure, has been dealing with project cost overruns but still provides a compelling yield. Lastly, BCE, Canada's largest telecom, is attractive for its consistent dividend growth and a yield that's appealing in the current market, even as it navigates through regulatory challenges and competition. The author emphasizes the potential of these stocks to provide significant passive income, especially in a market where high yields are sought after for income-focused investors.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/3-high-yield-dividend-stocks-i-can-t-wait-to-buy-to-boost-my-passive-income/ar-AA1yXCGd ]