2 Dividend Stocks to Double Up on Right Now

Dividend stocks can be terrific investments. In addition to generating dividend income, they have historically produced strong total returns. The average dividend stock in the S&P 500 has delivered a 9.2% average annual total return over the last 50 years compared to a 4.3% return for nonpayers, according to data from Hartford Funds and Ned Davis Research. Enbridge (NYSE: ENB) and Mid-America Apartment Communities (NYSE: MAA) are great dividend stocks to double up on right now if you already own them or buy if you don't. The companies have excellent track records of growing their dividends and shareholder value. Enbridge is a dividend-paying machine. The Canadian pipeline and utility operator has paid dividends for over 69 years while growing its payout for 29 in a row. The company currently offers a generous dividend yield of 6%, well above its average over the past 10 years. It has generated a robust total shareholder return, averaging 11% annually since 2004. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool