3 Top Dividend Stocks to Buy in January

• Ares Capital is well-positioned to present market-beating full returns.

• Enbridge offers a harmless dividend and beardown maturation opportunities.

• Realty Income has accrued its dividend for 133 consecutive quarters.

• 10 stocks we similar amended than Ares Capital ›

Want to commencement the caller twelvemonth connected a affirmative note? Get immoderate income rolling into your slope account. The astir effectual mode to execute this extremity is to put successful dividend-paying stocks.

Of course, with thousands of dividend stocks trading connected the market, it's casual to beryllium overwhelmed by the determination astir which ones to buy. If you're looking for coagulated ideas, present are 3 apical dividend stocks to bargain successful January.

It offers a guardant dividend output of 9.3%. That's possibly the astir important happening to cognize astir Ares Capital (NASDAQ: ARCC). The evident question, though, is: How harmless is that juicy dividend? I deliberation the reply to that question is reassuring.

Ares Capital's output is truthful precocious chiefly due to the fact that it's a concern improvement institution (BDC). To beryllium exempt from national income taxes, BDCs indispensable instrumentality astatine slightest 90% of their profits to shareholders arsenic dividends. Ares Capital continues to make important profits, allowing it to administer a important magnitude of wealth to its shareholders.

The institution has either maintained oregon grown its dividend for 65 consecutive quarters. It has been capable to physique that awesome grounds acknowledgment to a highly diversified portfolio, expertise successful selecting the astir promising nonstop lending opportunities, and unchangeable entree to capital.

In my opinion, Ares Capital's dividend is comparatively safe. Even better, this banal is apt to present exceptional full returns implicit the agelong term. Since its IPO successful 2004, Ares Capital has generated stock-based full returns that are 40% higher than those of the S&P 500 (SNPINDEX: ^GSPC). With an improving marketplace for BDCs, I foretell that Ares Capital volition proceed to outperform the S&P 500's full returns implicit the adjacent decade.

If you privation adjacent greater dividend safety, though, Enbridge (NYSE: ENB) should beryllium an charismatic banal to buy. This vigor institution has accrued its dividend for 30 consecutive years. Its guardant dividend output is astir 6.1%.

A fewer cardinal facts astir Enbridge possibly champion explicate wherefore its dividend is apt to stay safe. First, the institution ranks arsenic the largest earthy state inferior successful North America based connected volume. Second, Enbridge's pipelines transport 40% of the crude lipid imported to the U.S., 30% of the crude lipid produced successful North America, and 20% of the earthy state utilized successful the U.S. The bottommost enactment is that the company's businesses are captious to the U.S. and Canadian economies.