Got $1,000? This Nearly 4%-Yielding Dividend Stock Could Turn It Into Almost $40 of Annual Passive Income (And Grow Your Investment by 10%+ Each Year).
Brookfield Infrastructure Partners(BIP) The Motley Fool·2024-11-08 18:23Brookfield Infrastructure offers a high yield and high growth potential.Brookfield Infrastructure (BIPC -0.86%) (BIP -1.33%) has been a fantastic income-producing investment over the years. The global infrastructure operator has increased its dividend every year since its formation 15 years ago, growing the payout at a 9% compound annual rate. It currently yields nearly 4%, which is very attractive given that the S&P 500's dividend yield is less than 1.5%. That lucrative passive income stream is only part o ...