Top 3 Dividend Stocks Yielding Over 3% for Enhanced Passive Income in June

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As of June 2025, major stock indexes have experienced significant volatility, prompting risk-averse investors to consider dividend stocks for generating passive income. Three highlighted stocks for investment this month are Devon Energy (NYSE: DVN), Brookfield Infrastructure (NYSE: BIP), and Clorox (NYSE: CLX).

Devon Energy offers a dividend of $0.96 per share, with a yield of over 3%, sustaining this through a breakeven price of $45 per barrel of oil. If oil prices stay around the current $63 per barrel, Devon anticipates generating $2.6 billion in free cash flow for 2025, about 12.9% of its market capitalization. Brookfield Infrastructure boasts a forward yield of 5.2% and currently trades at a discount to its historical valuations, fueled by a 14% annual growth rate in funds from operations over the past 15 years. Clorox has a yield of 3.8% and has increased its dividend for 48 consecutive years, although it faces challenges from a slow recovery and external pressures.

Investors should weigh these opportunities carefully, especially in light of available alternatives such as three-month Treasury bills yielding 4.4%.

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