"Maximize Dividend Income in 2024: Top Stocks to Invest in"

To generate $200 in monthly dividend income in 2024, investors can consider investing $27,000 in an ultra-high-yield trio consisting of Realty Income, PennantPark Floating Rate Capital, and Horizon Technology Finance. These stocks offer average yields of 8.9% and have strong track records of dividend growth. Realty Income is a retail REIT with a diversified portfolio and high occupancy rates. PennantPark is a debt-focused business development company with a high yield on debt investments and a principal protection strategy. Horizon Technology Finance primarily invests in developmental-stage companies in high-growth fields, offering a higher yield than Treasury notes.