"5 Dividend Growth Superstars for $600 in Ultra-High-Yield Income: 2024 Investment Guide"
A report by Hartford Funds highlights the outperformance of dividend-paying stocks over non-payers, making them an attractive option for investors. Three ultra-high-yield stocks with an average yield of 7.51% are recommended for generating $600 in super safe dividend income in 2024 with an $8,000 investment split equally. These stocks include Enterprise Products Partners, a midstream energy company; LTC Properties, a senior housing-focused real estate investment trust; and Innovative Industrial Properties, a cannabis REIT. Each company has demonstrated resilience and strategic positioning to provide consistent and substantial dividend income, making them appealing options for income investors.
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