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Two Stock Picks That Will Succeed No Matter Who Is in Washington


"Get Rich with Dividends" author shares his thoughts.

Intel is a blue chip company that deserves a spot in any core dividend portfolio.

Brookfield Infrastructure Partners (NYSE:BIP) is certainly lesser known than Intel, but also deserves your consideration. The company operates a diverse group of businesses all over the world. It runs ports and railroads in Australia, toll roads in Chile, gas pipelines in the US, timberland in Canada, and transmission lines in several countries.

It pays a 4.3% yield and has raised the payout every year for five years. Roughly 80% of its revenue is secured by contract or government regulation, so management has great visibility on earnings, cash flow, and its ability to pay and raise the cash distribution.

Additionally, Brookfield is a terrific idea if you're concerned about taxes. Brookfield Infrastructure Partners is a master limited partnership (or MLP). Typically, most of an MLP's cash distribution is considered a return of capital. This means the payout will not be taxed as a dividend. Instead, it will lower your cost basis and may lead to capital gains when you sell the stock. At that point, you will be responsible for taxes on any capital gains.
No positions in stocks mentioned.
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