Best dividend stocks to buy now

Vector also offers a unique opportunity because of its stake in New York City real-estate giant Douglas Elliman. With the New York real-estate market performing extremely well, Vector has clearly benefited from having exposure outside the tobacco industry, where increasing competition from major cigarette players even in the discount arena has threatened Vector’s market share. If Vector decides to spin off its stake in Douglas Elliman, it could give current shareholders the best of both worlds and let them choose which side of the business has the better potential for future growth.

2. Joe Tenebruso likes Kinder Morgan: The best dividend stocks combine a sizable current yield with the likelihood of strong dividend growth in the years ahead. Few companies possess such a powerful combination of these two wealth-creating features as Kinder Morgan.

With more than 80,000 miles of pipelines, Kinder Morgan owns and operates the largest network of natural gas pipelines in the U.S. and is the third largest energy company (based on enterprise value) in North America.

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