Legendary Investor Says Buy Dividend Growth: 2 Yields +8%

Jan. 08, 2023 2:30 PM ETENB, ENB:CA, MMP130 Comments

Summary

  • We like boring businesses that are essential in all market conditions.
  • Markets may zig and zag, it is important to stay focused on your long-term objectives.
  • Peter Lynch advocates for dividend payers with decades of growing payments.
  • Two dividend-growing picks yielding up to 8% to build your income in this bear market.
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Putting a coin in a white piggy bank at home.

Guido Mieth

Co-produced with "Hidden Opportunities"

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This article was written by

122.39K Followers

Rida Morwa is a former investment and commercial Banker, with over 35 years of experience. He has been advising individual and institutional clients on high-yield investment strategies since 1991.

Rida Morwa leads the Investing Group High Dividend Opportunities where he teams up with some of Seeking Alpha's top income investing analysts. The service focuses on sustainable income through a variety of high yield investments with a targeted safe +9% yield.

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of ENB, MMP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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SymbolLast Price% Chg
ENB--
Enbridge Inc.
ENB:CA--
Enbridge Inc.
MMP--
Magellan Midstream Partners, L.P.

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