Stocks

Enhance Your Income Portfolio with These Sub-$100 High-Yield Dividend Stocks

Published August 4, 2024

Investors seeking steady income streams through dividend payouts often look for high-yield stocks that can serve as robust pillars within their portfolios. Amidst a diverse market, three particular stocks have emerged as attractive options for those aiming to enhance their income portfolio, each trading for less than $100. These stocks not only boast strong dividend yields but also present the opportunity for a diversified investment approach, encompassing the energy infrastructure sector, media industry, and real estate investment trusts (REITs).

Enbridge Inc. (ENB)

Enbridge Inc. ENB, headquartered in Calgary, Canada, is a powerhouse in the energy infrastructure industry. Known for its extensive network of pipelines, Enbridge facilitates the transportation of oil and natural gas across North America. The company's commitment to delivering energy in a safe and sustainable manner has made it a preferred choice for investors seeking reliable dividend income. Its strategic investments and expansion efforts ensure that ENB has the potential for continued growth and stable dividend payouts.

Comcast Holdings Corp. (CCZ)

With a noteworthy presence in the media industry, Comcast Holdings Corp. CCZ represents a compelling investment proposition for those looking to diversify their income sources. As a multilayered operation that includes cable communications, media, and technology, CCZ is well-positioned to take advantage of the ongoing expansion in digital media consumption. The company's strong financial standing and consistent performance make it an attractive stock for dividend-focused investors.

Realty Income Corporation (O)

Realty Income Corporation O, with its headquarters in San Diego, California, is a REIT investing in single-tenant commercial properties across the United States, Puerto Rico, and the United Kingdom. Realty Income is renowned for its monthly dividend payouts, earning the nickname 'The Monthly Dividend Company.' The firm's focus on long-term, triple-net leases offers investors a level of income stability and protection against market volatility. The business model of O supports a reliable revenue stream, making it another excellent choice for building a robust income-generating portfolio.

investment, dividend, income