2 Big Dividend Stocks I Plan to Buy Even More of in September

Dividend stocks are proven wealth creators. The average dividend stock has generated above-average annual total returns over the long term, with the highest returns coming from companies that consistently increase their dividends. The average dividend-grower stock has generated an annualized total return of 10.2% over the past five decades, compared to 7.7% for the average member of the S&P 500according to data from Hartford Funds and Ned Davis Research.

This data prompts me to load my wallet with dividend growth stocks. I try to buy several each month to help me build my wealth. At the top of my list in September is Brookfield Renewable Energy (NYSE: BEPC)(NYSE: BEP) And Rexford Industrial Real Estate (NYSE: REXR). Here’s why I plan on buying more of these tops dividend stocks this month.

A powerful revenue generator

Brookfield Renewable has done a remarkable job of increasing its dividend over the years. The global leader renewable energy The producer has increased its dividends at a compound annual rate of 6% over the past 20 years. It has recorded annual dividend increases of at least 5% for 13 years. right years.

The company’s high yield, currently around 5%, and its steadily increasing dividend have helped it generate solid total returns. Over the past decade, Brookfield has generated an average annual return of 10.8%. total return.

Brookfield Renewable should have enough power to continue to increase its dividend in the future. It plans to increase its funds from operations (FFO) of more than 10% per year through 2028. Several factors are driving this guidance. Brookfield expects organic growth drivers such as inflation-linked contractual rate increases, margin enhancement activities and its significant renewable energy project development pipeline to drive annual FFO per share growth of 7% to 12% through 2028. In the meantime, it anticipates accretive acquisitions push its annual growth rate of more than 10%. That forecast easily supports its plan to increase its dividend by 5% to 9% per year over the long term. Add its high yield to its high growth rate, and Brookfield Renewable could generate average annual total returns in the 15% range from here on out.

Focusing on a prime location continues to pay off big dividends

Rexford Industrial Realty has experienced phenomenal dividend growth. Industrial FPI increased his payments every year since its IPO in 2013. It has generated a compound annual dividend growth rate of 18% over the past five years, almost double THE Compound annual growth rate of 10% of his peers. This has helped generate a compound annual total return of around 15% for its shareholders since its IPO.

The REIT has grown rapidly by focusing on the Southern California industrial market, where demand is strong and supply is limited. These market fundamentals are keeping occupancy rates high, leading to strong rent growth. Rexford Industrial Realty is further capitalizing on this market through accretive acquisitions.

Rexford Industrial Realty recently purchased a high quality portfolio of 48 properties…