"Maximize Your Dividend Income in 2024 with These Top Stocks"
Investing in ultra-high-yield dividend stocks can be a lucrative strategy for generating monthly income. To achieve $200 in monthly dividend income by 2024, investors can consider investing $27,000 in a trio of high-yield stocks: Realty Income, a retail real estate investment trust (REIT) with a 5.7% yield; PennantPark Floating Rate Capital, a business development company (BDC) with a 10.71% yield; and Horizon Technology Finance, another BDC with a 10.28% yield. These stocks offer attractive yields and have strategies in place to navigate economic downturns and protect investors' principal.
