"Top Dividend Stocks for 2024: Safety, Growth, and Income"

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Source: The Motley Fool
"Top Dividend Stocks for 2024: Safety, Growth, and Income"
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TL;DR Summary

As we approach 2024, dividend stocks are gaining attention as safe investments. Five high-yield dividend stocks that stand out as top buys are Verizon Communications, Realty Income, Pfizer, PennantPark Floating Rate Capital, and Altria Group. Verizon is benefiting from its 5G network upgrade and broadband offerings, while Realty Income's commercial real estate portfolio is resilient to economic downturns. Pfizer's non-COVID therapeutics are still growing, and PennantPark Floating Rate Capital generates high yields from debt investments. Altria Group has pricing power and is expanding into smokeless products. These stocks offer solid floors and reasonable upside for investors seeking income.

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