Investors looking for stocks of solid companies that have high dividend yields have plenty of great choices in 2024. Several stalwarts are experiencing weak sales trends over a cautious consumer spending environment. This has sent share prices down and dividend yields up.

Shares of Kraft Heinz (NASDAQ: KHC) and (NYSE: UPS) currently pay yields that are three times the S 500 index's average. Here's why investors can expect these stocks to maintain their dividend payments and potentially deliver great returns over the long term.

Kraft Heinz is a profitable business that benefits from owning several top brands, including Velveeta, Maxwell House, and its namesake Kraft and H.J. Heinz brands. Warren Buffett's Berkshire Hathaway owns 27% of the shares outstanding, which puts shareholders in good company here.

Continue reading

Source Fool.com