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[BUSINESS] · United States, Canada · 3 sources

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Costco, Energy Transfer and Enbridge Highlighted as High‑Yield Dividend Picks

Investment analysts recommend three dividend‑focused stocks for long‑term income. Costco Wholesale (NASDAQ:COST) is cited for its growing quarterly payout – from $0.45 in 2016 to $1.47 now – and a projected 12% annual dividend growth that could generate about $19 per share by 2036, though its current forward‑looking yield is just over 0.6%.

Energy Transfer (NYSE:ET) is presented as a master limited partnership operating 140,000 miles of oil and gas pipelines across the United States, offering a forward‑looking dividend yield of roughly 7%. A $42,500 purchase of 2,239 shares is projected to provide $3,000 in annual dividend income, with the company having raised its per‑share payout for five consecutive years.

Enbridge (TSX:ENB), a Canadian pipeline operator, delivers a 4.9% dividend yield and dominates North‑American energy infrastructure, moving 3 million barrels of oil daily. Recent financials show double‑digit revenue growth and solid margins, though its payout ratio exceeds earnings, raising questions about dividend sustainability. Together, these stocks illustrate varied approaches to building passive income through high‑yield, dividend‑paying equities.