The 6 Best Infrastructure Dividend Stocks

The 6 Best Infrastructure Dividend Stocks

The long-awaited infrastructure bill has passed. Let's talk about the six best dividend stocks to capitalize on this spending. Here's where the larger chunks of money are going: Most of this "obvious" government spending is going to industrials and materials firms. Unfortunately, the stocks of these companies rarely yield more than 2%. In fact, as I write the popular ETFs pay dividends that average out to a mere 1. 4%. But low yields can be OK if the dividends attached to them are growing quickly. Over time, rising payouts act as "magnets" that pull their share prices higher. For example, companies that raise their dividends by 10% or more every year typically enjoy stocks that rise by 10% or more every year. The "low" yields stay the same because investors pay up for the higher dividend. The result? A safe, secure way to double-digit annual returns powered by safe dividends. Well, dividends don't get much safer than when they are funded by Uncle Sam! Let's chat about his favorite six pack of infrastructure-bill winners. Each of these firms, as discussed, are raising their payouts by 10% or more every year. This means their dividends are on track to double in