Our top three dividend payers will supercharge your returns in 2020: Algonquin Power, AT&T and Choice Properties REIT

Article Excerpt

We’ve selected three top dividend payers—Algonquin Power, AT&T and Choice Properties REIT—as our TSI Dividend Advisor top recommendations for 2020. All three stocks offer you very attractive dividend yields, with the promise of increasing payments over the next several years. As we often remind our readers, sustainable (and rising!) dividends play a key role in building a successful portfolio. This year’s picks are also poised to add to their strong 2019 share price gains. Still, it’s worth noting that each currently trades at a very affordable multiple to its projected earnings or cash flow. That just further supports their selection as your #1 stocks for 2020. ALGONQUIN POWER & UTILITIES CORP. $20 is a top pick for 2020. The stock (Toronto symbol AQN; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 525.9 million; Market cap: $10.5 billion; Dividend yield: 3.7%; Dividend Sustainability Rating: Above Average; www.algonquinpower.com) gives you exposure to two key businesses: Liberty Power Group sells electricity that it generates through 39 clean-energy facilities across North…