3 Top Dividend Stocks to Buy in July
If you have some cash to put to work in July, it is a great time to be looking at dividend stocks. But with the S 500 near all-time highs and yielding just 1.3%, you need to be picky.
Picky investors will like high yielders NextEra Energy (NYSE: NEE), Chevron (NYSE: CVX), and Enterprise Products Partners (NYSE: EPD). Here's why this trio of dividend stocks, with yields up to 6.9%, are worth your attention in July.
NextEra Energy's dividend yield is the lowest on this list, at "just" 3.2%. That, however, is well above the market's yield and higher than the utility sector's roughly 2.8% average yield. Notably, NextEra's dividend performance is backed by 31 consecutive annual dividend increases.
Source Fool.com