The Smartest Dividend Stocks to Buy With $100 Right Now

Investing in dividend stocks can be an excellent way to generate passive income and grow your wealth over time. With a $100 investment, you can diversify your portfolio by selecting a mix of high-yielding dividend stocks from various sectors. Here are seven smart dividend stocks to consider, based on their high yields, dividend growth, and strong fundamentals.

1. Ares Capital (ARCC)
* Forward Dividend Yield: 8.65%
* Dividend Growth: 10-year annualized growth rate of 10.5%
* ARCC is a leading business development company (BDC) that provides financing solutions to middle-market companies. Its high dividend yield and consistent dividend growth make it an attractive option for income investors.
2. Bank of America (BAC)
* Forward Dividend Yield: 2.34%
* Dividend Growth: 10-year annualized growth rate of 12.5%
* BAC is a large financial services company offering banking and financial products. Its dividend yield has been steadily increasing, and its strong balance sheet supports continued dividend growth.
3. Citigroup (C)
* Forward Dividend Yield: 3.18%
* Dividend Growth: 10-year annualized growth rate of 12.2%
* C is a large financial services holding company with a diverse revenue base. Its dividend yield has been increasing, and its strong financial profile supports continued dividend growth.
4. Prudential Financial (PRU)
* Forward Dividend Yield: 4.38%
* Dividend Growth: 10-year annualized growth rate of 10.7%
* PRU is a large provider of insurance, investment management, and other financial products. Its dividend yield has been increasing, and its strong balance sheet supports continued dividend growth.
5. US Bancorp (USB)
* Forward Dividend Yield: 4.13%
* Dividend Growth: 10-year annualized growth rate of 10.9%
* USB is a large financial services company offering banking and financial products. Its dividend yield has been increasing, and its strong balance sheet supports continued dividend growth.
6. Enbridge (ENB)
* Forward Dividend Yield: 6.19%
* Dividend Growth: 10-year annualized growth rate of 10.2%
* ENB is an energy infrastructure company operating pipelines and natural gas utilities. Its high dividend yield and consistent dividend growth make it an attractive option for income investors.
7. Energy Transfer (ET)
* Forward Dividend Yield: 6.58%
* Dividend Growth: 10-year annualized growth rate of 10.5%
* ET is a midstream energy company operating pipelines, natural gas storage facilities, and more. Its high dividend yield and consistent dividend growth make it an attractive option for income investors.



These seven dividend stocks offer high yields, consistent dividend growth, and strong fundamentals, making them excellent choices for a $100 investment. By diversifying your portfolio across these stocks, you can generate passive income and grow your wealth over time.

Investing in dividend stocks can be a smart way to generate passive income and grow your wealth. By selecting high-yielding dividend stocks with strong fundamentals, you can create a diversified portfolio that provides a steady income stream and the potential for long-term capital appreciation.