Dividend stocks can be a great way to generate durable passive income. Many companies have long histories of paying stable and steadily rising dividends. That makes them great income investments for the long haul.
Brookfield Renewable (NYSE: BEP)(NYSE: BEPC), Enbridge (NYSE: ENB), and Southern Co. (NYSE: SO) stand out for paying durable and growing dividends. That’s one of the many reasons they are great dividend stocks to buy now for years of passive income.
Brookfield Renewable has increased its dividend by at least 5% annually for the last dozen years. That steady upward trend should continue in the decades ahead.