21.01.2025 10:21:00

Want Decades of Passive Income? 2 Stocks to Buy Right Now.

Generating passive income can help get you on the road to financial freedom. It can help offset some of your expenses, reducing the time you need to actively work to fund your lifestyle. The more passive income you can produce, the less reliant you'll become on your career for income. Buying stocks that pay dividends is a great way to start earning durable passive income. Two great dividend stocks to buy for income right now are Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) and Enbridge (NYSE: ENB). They pay high-yielding dividends that should continue growing in the decades ahead. Brookfield Renewable has paid a very dependable dividend over the past couple of decades. The leading global renewable energy producer has grown its payout at a 6% compound annual rate since 2001. It raised its payment by at least 5% each year since 2011. Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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