Three Hot Dividend Stocks for November
One of the best ways to retire rich is by investing in dividend stocks.
To do so, you need to aggressively invest in high-yielding stocks and reinvest the dividends continuously until you consider retirement.
Here are a few you may want to consider today.
Realty Income (O)
With a yield of 5.6%, Realty Income (O), a real estate investment trust (REIT) has been paying out a monthly dividend for 29 consecutive years. In fact, its latest dividend of $0.2635 per share was just paid on November 15 to shareholders of record as of November 1. Another one for December should be announced shortly.
Enbridge (ENB)
With a dividend yield of 6.08%, Enbridge (ENB) is another one of the lower-risk, high-yield dividend stocks to consider. The company holds the second-longest natural gas pipeline in the U.S., North America’s longest crude oil pipeline, and a high-growth, renewable power generation business. Recent earnings haven’t been too shabby either.
Agree Realty Corp. (ADC)
Yielding 3.94%, Agree Realty Corp. (ADC) is another monthly dividend-paying stock to consider.
A real estate investment trust (REIT), ADC focuses on the ownership, acquisition, development and management of retail properties net leased to industry leading tenants. It also just raised its monthly dividend to $0.253, which was just paid on November 14 to shareholders of record as of October 31. That dividend is up from $0.25.
