Smart Dividend Stocks for Small Investors: AbbVie, Dominion Energy, and Enbridge

Investors can buy dividend stocks with as little as $300, according to a list of smartest dividend stocks to buy now. AbbVie, Dominion Energy, and Enbridge are top picks, offering attractive forward dividend yields and resilient business models. AbbVie has increased its dividend for 53 consecutive years, while Dominion Energy provides electricity and natural gas services to millions of customers. Enbridge has solid long-term growth prospects, thanks to growing populations and a booming data center market.

Investors seeking to generate income with a relatively small investment can consider dividend stocks. According to recent financial analyses, stocks like AbbVie, Dominion Energy, and Enbridge offer attractive forward dividend yields and resilient business models. These companies are particularly appealing to investors looking to start dividend investing with as little as $300.

AbbVie (ABBV)

AbbVie, a member of the elite group of stocks known as Dividend Kings, has increased its dividend for 53 consecutive years, making it a reliable choice for income investors. The company's forward dividend yield of 3.44% is attractive, and its shares trade at a reasonable forward earnings multiple of 15.6, compared to the average of 16.8 for healthcare stocks in the S&P 500 [1]. AbbVie's business model is well-positioned to deliver high-single-digit percentage revenue growth through the rest of the decade, despite the potential impact of biosimilar competition on its top product, Humira.

Dominion Energy (D)

Dominion Energy offers a forward dividend yield of 4.67% and is a top utility stock that provides electricity and natural gas services to millions of customers in Virginia, North Carolina, and South Carolina. With the Buffett indicator at an all-time high, Dominion Energy's business model is highly resilient, making it a great stock to own during tumultuous market conditions. The company's forward earnings multiple of 16.5 is lower than many of its peers, and it has solid long-term growth prospects due to growing populations in the areas it serves and a booming data center market in Virginia.

Enbridge (ENB)

Enbridge is another attractive option for dividend investors. The company has increased its dividend for 30 consecutive years and offers a forward dividend yield of 6.17%, the highest among the three stocks. Enbridge's pipelines transport crude oil, natural gas, and other hydrocarbons throughout the U.S. and Canada, making it a safe-haven stock during turbulent times. The company is also expanding into renewable power, with plans to deploy 500 megawatts of solar power generation capacity this year. Enbridge expects to deliver average annual earnings growth of around 5% through the end of the decade, with its dividend included, the stock should be able to provide double-digit percentage total returns.

Investors can buy one share each of AbbVie and Dominion and still have plenty of money remaining from an initial $300 to pick up a share of Enbridge, with its share price currently hovering around $44.

Conclusion

Investing in dividend stocks with as little as $300 can be a smart strategy for generating income and growth. AbbVie, Dominion Energy, and Enbridge are top picks that offer attractive forward dividend yields and resilient business models. These companies are well-positioned to deliver strong returns for investors, making them suitable choices for both income and growth investors.

References

[1] https://www.fool.com/investing/2025/07/12/the-smartest-dividend-stocks-to-buy-with-300-right/
[2] https://finance.yahoo.com/news/smartest-dividend-stocks-buy-300-091500377.html