Stocks

3 High-Yielding Dividend Stocks Under $100 to Enhance Your Income Portfolio

Published August 3, 2024

For investors seeking to build a robust income-generating portfolio, selection is crucial. Amidst a diverse array of investment options, dividend stocks consistently emerge as a popular choice, particularly those offering high yields at an affordable buy-in price. There is a compelling case for considering fortifying your portfolio with high-yielding dividend stocks that are currently trading for less than $100. Below are three distinct stocks that meet these criteria and are poised to act as tenacious pillars in your income portfolio.

Enbridge Inc. (ENB)

As an energy infrastructure titan, Enbridge Inc. ENB stands out with its head office in Calgary, Canada. The company plays a pivotal role in North America's energy dynamics by operating an intricate network of pipelines fueling the continent's energy needs. The appeal of ENB lies in its commitment to delivering sustained and attractive dividends to shareholders, bolstered by a robust business model that ensures a steady flow of income regardless of economic fluctuations. Investing in ENB not only provides potential for capital growth but also serves as a source of persistent dividend income.

Comcast Holdings Corp. (CCZ)

Comcast Holdings Corp. CCZ is another valuable player to consider for your dividend portfolio. As a media and technology company with significant market influence, CCZ has demonstrated a consistent track record of rewarding its shareholders with dividends. Moreover, its diverse operations across various sectors of media and technology enable it to navigate through market volatilities, making it a relatively stable choice for investors who prioritize income through dividends.

Realty Income Corporation (O)

The world of real estate investment trusts (REITs) offers fertile ground for dividend seekers, and Realty Income Corporation O, known as 'The Monthly Dividend Company,' is a prime example of this. Headquartered in San Diego, California and structured in Maryland, O focuses on acquiring and managing freestanding, single-tenant commercial properties. The company's expansive portfolio, spread across the United States, Puerto Rico, and the United Kingdom, is designed to produce sustainable monthly dividends, appealing to investors looking for consistent and reliable income streams.

dividend, portfolio, income