"Top Dividend Stocks for High-Yield Retirement Income in 2024"

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Source: The Motley Fool
"Top Dividend Stocks for High-Yield Retirement Income in 2024"
Photo: The Motley Fool
TL;DR Summary

High-quality dividend stocks have historically provided strong returns for investors, with dividend payers outperforming non-payers. Three ultra-high-yield dividend stocks that are considered strong buys in February are Altria Group, offering a 9.48% yield with pricing power and a push into smokeless products; Pfizer, with a 6.24% yield and a remaining portfolio of approved therapies expected to grow; and Verizon Communications, boasting a 6.31% yield and steady growth driven by the 5G revolution and broadband segment. These stocks offer attractive valuations and predictable cash flows, making them appealing options for income-seeking investors.

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