Stocks

3 Top Dividend Stocks Under $100 to Fortify Your Income Portfolio

Published August 4, 2024

Investors seeking to strengthen their income portfolios with dividends might find value in a trio of stocks that combine promising yields with affordability. Each priced below $100, these stocks represent diverse sectors and can serve as foundational assets for income-oriented investors. Notably, their attractive dividend yields do not come at the expense of quality, making them worthy of consideration for those looking to enhance their investment income.

Enbridge Inc. ENB

Enbridge Inc., a major player in the energy infrastructure sector, is headquartered in Calgary, Canada. ENB offers investors a robust dividend yield and a track record of reliable payouts. As a key transporter of energy in North America, Enbridge's extensive pipeline network ensures consistent demand for its services, supporting a stable income stream for shareholders. The company's business model, which is less sensitive to volatile oil prices, positions it well for long-term stability and continued dividend payments.

Comcast Holdings Corp. CCZ

Comcast Holdings Corp. signifies a noteworthy option for investors drawn to the telecommunications and media industry. The stock offers an attractive entry point under $100, coupled with a substantial dividend yield. CCZ is a testament to the enduring value found in communication services, which remain essential in today’s digital era. The company’s diversified holdings and steady cash flow generation make it a compelling pick for income-seeking investors.

Realty Income Corporation O

Realty Income Corporation, organized in Maryland with headquarters in San Diego, California, is a renowned real estate investment trust (REIT). Known affectionately among investors as 'The Monthly Dividend Company,' O specializes in free-standing, single-tenant commercial properties across the US, Puerto Rico, and the UK. These properties are typically leased to tenants under long-term, triple net agreements, which provides a predictable and growing income stream. For those aiming to diversify their portfolio with real estate exposure while maintaining liquidity, O represents a solid investment choice below the $100 mark.

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