"Secure $300 in Dividend Income: 3 High-Yield Stocks for 2024"

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Source: The Motley Fool
"Secure $300 in Dividend Income: 3 High-Yield Stocks for 2024"
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TL;DR Summary

Investing in high-yield S&P 500 dividend stocks such as Verizon Communications, Altria Group, and Realty Income can generate $300 in super safe dividend income in 2024 with an initial investment of $4,175 split equally. These stocks offer average yields of 7.2% and have demonstrated consistent dividend growth. Verizon benefits from the 5G revolution and steady cash flow, while Altria's strong market share and expansion into e-vape market contribute to its resilience. Realty Income, a retail real estate investment trust, mitigates recessionary risks with a diversified portfolio and resilient tenants, making it an attractive investment option.

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