Dividends & Disaster Prep

Right, let’s be honest. High-yielding dividend stocks are a bit like sensible shoes. Nobody wants them in a bull market, do they? Everyone’s chasing the shiny, fast-moving things. But then the world decides to throw a tantrum – geopolitical squabbles, oil prices doing the cha-cha, inflation… suddenly those sensible shoes look rather appealing. I mean, I’m not saying ditch the stilettos entirely, but a girl needs a backup plan. And a dividend, frankly, is a very good one. So, if you’re feeling a bit twitchy about the state of things (and who isn’t?), here are two stocks I’ve been eyeing. Don’t judge. I have bills to pay.

Brookfield Renewable

Brookfield Renewable. Sounds terribly… responsible, doesn’t it? They build hydroelectric dams, wind farms, solar plants – all that green stuff. Backed by Brookfield Corporation, which is basically a financial behemoth, so they have a bit of muscle. They’ve got 14 GW of renewable energy already up and running, and a pipeline of over 200 GW in development. They even own a stake in Westinghouse, which is… nuclear. A bit dicey, maybe? But hey, variety is the spice of life, even in power generation.

Analysts are predicting their revenue will more than double by 2028. Double! Apparently, all this cloud computing, data centers, and AI stuff requires a lot of power. Who knew? They’ve already signed deals with Microsoft and Google, so they’re basically plugged into the future. Which, let’s face it, is probably powered by algorithms and anxiety. They’re also jumping on the decarbonization bandwagon, which is good PR, if nothing else.

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Okay, they’re not exactly printing money yet. But analysts expect their adjusted EBITDA to grow at a steady 8% CAGR. Sounds… solid. At $63.8 billion enterprise value, they don’t seem outrageously overpriced. 7 times sales, 15 times EBITDA. I’ve seen worse. They trade under two tickers: BEP (a limited partnership) and BEPC (a normal corporation). BEP has a higher yield (5.2%), but it’s been underperforming BEPC. Apparently, the K-1 tax forms are a nightmare. I avoid nightmares whenever possible. So, if you want a reliable, dividend-paying renewable energy play, Brookfield Renewable… checks the boxes. It’s not thrilling, but then, adulthood rarely is.

Enterprise Products Partners

Right. Enterprise Products Partners. They own a whole lot of pipelines. Like, 50,000 miles of them. Across 27 states. They basically transport everything – natural gas, oil, liquids. They charge companies to use their pipelines. It’s a “toll road” model. Which means they make money as long as things keep flowing. Which, in this world, is a surprisingly reassuring thought. It’s insulated from volatile prices because they don’t actually deal in the commodities, just the transport. Clever, really.

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They’re a master limited partnership (MLP), which means they pay distributions instead of dividends. Tax-efficient, apparently. In 2025, their distributable cash flow was flat, but they easily covered their distributions. As long as they have more cash coming in than going out, the yield should be sustainable. It currently pays an attractive forward yield of 5.9%. Honestly, I’m starting to feel a little less panicked about the future. A little.

They’re expanding their pipelines across the Permian Basin and other resource-rich regions. But they’re not as aggressive as Energy Transfer, who’s basically on a pipeline-acquiring spree. Which means Enterprise has less debt. Which, in my book, is always a good thing. I prefer to sleep at night, thank you very much.

Analysts expect their earnings per unit to grow at a 7% CAGR to $3.29 by 2028. Which will easily cover their distribution rate of $2.18 per unit. At $37, it looks like a bargain. 13 times earnings. I’m not saying it’s a glamorous investment, but it’s… sensible. And sometimes, sensible is exactly what you need. Especially when the world feels like it’s about to fall apart.

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2026-03-10 20:53