Collecting passive income can help you gain more financial freedom. As your passive income increases, it will make you less dependent on active income from working. This can help you steadily reduce your stress levels.

There are many great ways to increase passive income, including investing. dividend shares. Real Estate Income (HE -0.38%), KinderMorgan (KMI -1.35%)And Verizon Communications (VZ -1.83%) If you want to do more, the three best options to buy this November passive income.

Realty Income’s name says it all All

Realty Income is a real estate investment trust (REIT) with the mission of delivering Reliable monthly dividends to its investors that grow over time. REIT has definitely achieved this goal over the years. He has increased his payout over the last 30 years. past 108 consecutive quarters.

The REIT currently offers a yield of over 5%. This is several times higher than the average dividend stock ( S&P 500‘s The dividend yield is less than 1.5%. In other words, every $100 you invest in Realty Income will produce approximately $5 in annual passive income, compared to less than $1.50 for a similar investment in the average dividend stock.

Real Estate Income should be able to continue increasing its dividend. The REIT expects to obtain its adjusted funds from operations (FFO) at approximately 4% to 5% per share every year. While the rent increase will contribute about 1 percentage point, income-generating real estate purchases will help provide the rest.

A REIT strong financial profile and balance sheet, sufficient flexibility to pursue acquisitions. Meanwhile, given the size of the commercial real estate market in the US and Europe, there appears to be a trillion-dollar investment opportunity.

Kinder Morgan has a lot Fuel to keep increasing his payment

Kinder Morgan is the leader pipeline company running the country the biggest natural gas pipeline system. It also has product pipelines, terminals and carbon dioxide infrastructure.

The company’s midstream assets produce A lot Stable cash flows backed by government-regulated rate structures and long-term, fixed-rate contracts. Kinder Morgan pays its debt A little It provides more than half of its stable cash flow as dividends and keeps the rest to pay for expansion projects and maintain a strong financial foundation.

company right now It has $5.2 billion worth of expansion projects in its backlog. big $1.7 billion natural gas pipeline expansion expected to enter commercial service in late 2028. There are also many more projects in development To support the expected increase in electricity demand in the coming years. These projects will increase the company’s cash flow and increase the company’s ability to increase its previous dividend. each last seven years.

Verizon’s steady growth looks likely to continue

Verizon recently announced its 18th consecutive annual dividend increase, continuing the longest current streak in the U.S. telecom industry. The payout currently yields 6.5%.

mobile and broadband company High-yield dividends became safer in the quarter. Verizon produces More cash than you need to cover your capital expenses and dividends. It uses this excess free cash flow to strengthen its power. already solid balance sheet.

Verizon plans to use its increased financial flexibility to make acquisitions Border Communications In a $20 billion all-cash deal. The transaction will enhance its fiber offerings while increasing its earnings and free cash flow. The company’s debt level will increase following the deal, but it expects to repay those debts within a few years after the acquisition is completed. With capital investments and the Frontier deal boosting its earnings, Verizon should be able to continue growing its dividend.

3 attractive income stocks

Realty Income, Kinder Morgan and Verizon right now We offer higher-yielding dividends backed by solid financial metrics. Meanwhile, all three companies have noticeable growth ahead of them, suggesting they should be able to continue increasing their dividends. These characteristics make them great stocks to buy for passive income this month.