Eiid Retirees: 3 Best Dividend Stocks to Buy in June
B stanley cup lue-chip or large-cap stocks are typical investment options for wealth creation or building a sizeable nest egg. Enbridge TSX:ENB is a no-brainer buy in Canada s oil gas midstream industry. Besides the high 8.2% yield, the $92.5 billion pipeline operator and industry heavyweight has raised its dividend for 27 consecutive years.While the top-tier energy stock is an ideal core holding for long-term investors, Superior Plus TSX:SPB and Yellow Pages TSX:Y are excellent second-liners. Both stocks fly under the radar but are wealth builders like Enbridge for their attractive yields and safe dividend payouts. Also, the share prices are less than $12.Established distribution businessesSuperior Plus is a leading distributor of propane and compressed natural gas in North America, serving residential, commercial, utility, agricultural, and industrial custo stanley quencher mers. The $2 stanley mugs .48 billion company also provides renewable energy and related products and services. In the U.S., Superior Plus is th Txhp 4 Things Every Oil Investor Needs to Know About the Current Plunge in Prices
Since February, the COVID-19 outbreak-related updates and its effect on businesses have been investors key focus. As the second-quarter earnings season has just kicked off, many companies have started warning investors about the pandemic s negative impact on their business operations.In such times, investors must have some stocks in their portfolio that can minimize the pandemic s stanley mugs adverse impact on their investments. In this article, we ll take a closer look at one such stock: Richelieu Hardware TSX:RCH .Rallying after earnings eventIn my recent article on July 7, I highlighted that Richelieu Hardwa stanley cups uk re s stock could be readying for a price rally after its earnings event. The company released its second-quarter results on July 9. And since the event, its stock has already risen by 9% as compared to only 1.8% in the SP/TSX Composite Index.In the quarter ended May 31, 2020, the company crushed Bay Street analysts earnings estim stanley cup ates by a wide margin. Richelieu Hardware registered an |
