"Maximizing 2024 Passive Income: Top Dividend Stocks and Strategies to Invest In"

The article discusses investing $125,000 across four high-yield dividend stocks—Rithm Capital, Altria, Verizon Communications, and AT&T—to potentially generate $10,000 in passive income in 2024. Rithm Capital offers a 9.7% yield, Altria 9.5%, Verizon 6.8%, and AT&T 6.4%. Each company presents unique opportunities and challenges, such as Rithm's position in a high-interest rate environment, Altria's diversification into smokeless tobacco and vaping, Verizon's robust free cash flow despite a competitive market, and AT&T's revenue growth and debt reduction despite a recent dividend cut. The article suggests that these stocks could be undervalued and provide a steady income stream for investors.
- Investing $125,000 in These 4 High-Yield Dividend Stocks Could Add $10,000 in Passive Income to Your Portfolio in 2024 The Motley Fool
- Want $500 in Passive Income? Buy 75 Shares of This Super-Safe Dividend Stock Yahoo Finance
- These factors could lift dividend-paying stocks in the first half of 2024, Barclays says CNBC
- 7 Stocks for Dividend Reinvestment Plans (DRIPS) in 2024 InvestorPlace
- One Dividend Contender To Buy And One Dividend Pretender To Avoid In 2024 (NYSE:ADC) Seeking Alpha
Reading Insights
0
1
5 min
vs 6 min read
91%
1,050 → 98 words
Want the full story? Read the original article
Read on The Motley Fool