Author Buying More Shares of Chevron, Brookfield Renewable, and Mid-America for Rising Dividend Income
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Chevron pays a 4.3% dividend yield that it has increased for 37 straight years. It should continue growing its dividend at a strong rate going forward.
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Brookfield Renewable pays a 6% dividend yield and has grown it by 5-9% per year for 13 years. It aims to continue dividend growth at that rate driven by built-in growth and new projects.
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Mid-America Apartment Communities pays a 4.7% dividend yield that has never been cut. Rising rental income should support continued dividend growth.
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The author plans to buy more shares of all 3 stocks this month to keep increasing his passive income streams.
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Chevron, Brookfield Renewable, and Mid-America are viewed as reliable high-yield dividend growth stocks to produce rising income.