Dividend Fortunes 2024

Unlocking the Potential of Reliable Dividend Growth Stocks

Dividend investing is a popular strategy for people who want to earn regular income from stocks while they wait for potential capital gains. One can use this additional income to reinvest in the same company or to accumulate shares of other companies in their portfolio.

A typical portfolio aims for a 2% to 6% dividend yield, although the target amount may depend on other economic factors and the financials of the company.

Inflation has remained above 3% for many months this year, so some people have chosen to beat inflation by investing in stable dividend stocks or treasuries. However, the overall dividend yield for the S&P 500 is well below inflation, so it is sometimes difficult to find names that offer a positive real yield.

This report will cover names that have an attractive dividend yield and are also delivering relatively stable financial growth. Some of the high-paying dividend-yield stocks are from companies that may be a value trap and could choose to cut their dividends in the future. You can potentially reduce this risk by ensuring that companies in their dividend portfolio are also delivering respectable financial growth.

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