In October of 2023, American Electric Power (NASDAQ: AEP), also known as AEP, increased its quarterly dividend by $0.05 a share, taking it from $0.83 to $0.88. That’s a roughly 6% hike. What’s important about that dividend move is that it lives up to a key management promise to dividend investors. Here’s what you need […]
The tech sector isn’t known for its dividends. The sector is famous for dynamic, growth-oriented companies that are big on promise, but often lack the consistent profits and free cash flow necessary to fund big dividends. However, there are many tech stocks that pay dividends. Let’s look at three that income-oriented investors should consider. Image […]
Enterprise Products Partners (NYSE: EPD) is a financial fortress. The master limited partnership (MLP) has the highest credit rating in the midstream energy space. That allows it to raise capital at lower rates and better terms than financially weaker rivals. That strength also gives it the flexibility to pay a high-yielding distribution (currently 7.5%) while […]
Income investors love high dividend yields. Unfortunately, those yields often come with unacceptable trade-offs in the form of significant risk and/or low overall growth prospects. That’s not always the case, though. Three Motley Fool contributors think they’ve found some magnificent high-yield dividend stocks to buy in 2024. Here’s why they picked AbbVie (NYSE: ABBV), Bristol […]
If you want to secure sources of passive income that can fuel your retirement dreams, there are a lot of ways to make it happen. Buying rental properties is one of the most popular options, but the responsibilities of building ownership usually make this method a lot less passive than landlords wish it was. Investors […]
Who says high yield means low growth? While that may sometimes be true, there are plenty of exceptions. Sometimes, high yield can translate to exceptionally high growth prospects. That could be the case with these four high-yield dividend stocks that Wall Street thinks will soar 45% or more in 2024. 1. Sasol Ltd Sasol Ltd […]
Seeking out high-growth businesses that can generate market-beating returns can be quite entertaining. However, it seems that, more often than not, growth stocks carry a lot of volatility, which can be unnerving at times. Investing in steady, slower-growth businesses can be the more prudent option. By splitting up a total investment of $125,000 into the […]
One of the greatest aspects of putting your money to work on Wall Street is that there isn’t a one-size-fits-all strategy to wealth creation. Regardless of your investment style or approach, there are always pathways to grow your nest egg. However, there are certain investing strategies that are tough to top. One such strategy that’s […]
Do you know the only thing that gives me pleasure? It’s to see my dividends coming in. — John D. Rockefeller Dividends are an excellent way to build wealth. If you’re out shopping for high-yield dividend stocks for 2024, three excellent options are Kohl’s (NYSE: KSS), Stellantis (NYSE: STLA), and Verizon Communications (NYSE: VZ). Omnichannel retailer […]
investor-stock-charts-laptop-getty Stock market trends come and go, but there’s one currently popular strategy for everyday investors who want to secure a stream of passive income that never goes out of style. Buying dividend-paying stocks and holding them for long periods is still an easy and effective way to realize market-beating gains. Investing in companies that […]
dividend income Investing in higher-yielding dividend stocks can be a great way to generate passive income. On top of that, many high-yielding dividend stocks also offer compelling upside potential due to a dirt cheap price or built-in growth prospects. LyondellBasell Industries (NYSE: LYB), Realty Income (NYSE: O), and Bank of N.T. Butterfield & Son (NYSE: […]
GettyImages-1213464862-1201×787-5660596 2023 is almost over. And unless some dramatic sell-off occurs, it was an impeccable year in the market. But there’s no telling what the market will do in 2024 — or any short time period for that matter. Dividend stocks help smooth out the uncertainty that comes with investing in the stock market by […]