10 High-Dividend Stocks for 2024 Offering up to 11% Yields
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The article discusses 10 high-dividend stocks to consider buying in 2024, offering yields between 6.5% and 11%.
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Reasons to consider these stocks include strong long-term performance, discounted valuations, acquisitions setting up future growth, commitments to raising dividends over time.
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The 10 stocks span various sectors like BDCs, energy, REITs, tobacco, and telecom. Examples are Hercules Capital, Ares Capital, Energy Transfer, Rithm Capital, Altria, and Verizon.
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Several of the picks offer dividends that outpace even ETFs tracking the S&P 500. Following "oracle" Warren Buffett into Ares Capital is suggested.
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Top reasons beyond just high yields include consistency in raising dividends over time, safety, and positions in beaten-down sectors poised for turnarounds.