Three High-Yield Stocks with Potential to Double Investment from Dividends by 2030
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Ares Capital, Enterprise Products Partners, and Pfizer pay ultra-high dividends of nearly 10%, 7%, and 6% respectively. Just the dividends could double an investment by 2030.
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Ares Capital provides financing to growing middle-market businesses and has increased its dividend for 14 straight years.
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Enterprise Products Partners owns lucrative midstream energy assets like pipelines and has raised its distribution for 25 years.
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Pfizer is a major drugmaker poised for growth from new products, indications, and business deals to offset losses from COVID-19 and patents expiring.
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Though dividend income should deliver most returns, share price appreciation could also contribute to 100%+ total returns by 2030 for all 3 stocks.