3 No-Brainer Dividend Stocks to Buy With $1,000 Right Now

Dividend stocks come in all shapes and sizes, and you have to decide which ones are right for your portfolio. Here are three no-brainer dividend stocks, each with its own unique flair. All three may not be right for your portfolio, but it is highly likely that at least one of the elite trio of Nucor (NYSE: NUE), Rexford Industrial (NYSE: REXR), and Enterprise Products Partners (NYSE: EPD) will find a home in your portfolio once you get to know them. If you have $1,000 available to invest that isn't needed for monthly bills, to pay off short-term debt, or to bolster an emergency fund, you might want to put it toward buying stock in one or all of these dividend payers.Nucor is one of the largest, most diversified steel companies in North America. It uses electric arc mini-mills to produce new steel from scrap steel. These mills are more flexible than blast furnaces, an older steel-making process that uses iron ore and metallurgical coal to make primary steel. As such, Nucor tends to be more consistently profitable through the entire business cycle than some of its key peers, despite the highly cyclical nature of the steel sector.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool