3 Top Dividend Stocks You Won't Regret Buying in April

While a recession would person a large interaction connected galore companies, immoderate nutrient overmuch much durable income, putting them successful a amended presumption to upwind economical storms. Black Hills (NYSE: BKH), Enbridge (NYSE: ENB), and Enterprise Products Partners (NYSE: EPD) basal retired to a fewer Fool.com contributors for their resilient businesses, which they've proven by their quality to turn their dividends implicit the agelong term. Because of that, you apt won't regret buying shares of these apical dividend stocks this month.

Reuben Gregg Brewer (Black Hills): The modern satellite doesn't relation without power, which is wherefore utilities are charismatic arsenic investments. Further, the outgo of gathering a inferior strategy is massive, truthful the authorities has offered utilities monopolies successful speech for having rates and superior concern plans approved by regulators.

The result is dilatory and dependable maturation and, astatine slightest successful the lawsuit of Black Hills today, an charismatic dividend output for investors. Black Hills is the benignant of foundational concern connected which income-focused investors tin physique semipermanent wealth.

The company's bona fides see implicit 50 consecutive yearly dividend increases, making it a Dividend King. If dividend consistency is important to you, it is hard to bushed the grounds Black Hills has enactment up. Meanwhile, the stock's 4.4% dividend output is supra the 1.2% of the S&P 500 (SNPINDEX: ^GSPC) and the 2.8% of the mean utility.

But don't deliberation you are getting short-changed connected the maturation broadside of the equation. Black Hills is projecting net maturation of astir 4% to 6% a year, with dividend maturation that is apt to way net higher implicit time. And, to adhd a small much information to the picture, Black Hills has an investment-grade-rated equilibrium sheet.

Will Black Hills beryllium an breathtaking banal to own? Probably not. But that's wherefore you won't regret buying it arsenic the marketplace heads into correction territory. This boring and reliable dividend banal is built to support you sleeping good astatine nighttime arsenic it charts a dilatory and dependable way higher, net omniscient and with its dividend.

Matt DiLallo (Enbridge): Enbridge has an exceptional grounds of paying dividends. The vigor infrastructure elephantine has paid dividends for much than 70 years, portion expanding its payout for the past 30 years in a row. That's an elite grounds for immoderate company, fto unsocial 1 that operates successful the volatile vigor sector.