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3 Monster Dividend Stocks to Buy Before the New Year


2023 has been a banner year for the stock market, particularly for megacap growth stocks. But many passive income investors may feel like they've missed out on the epic rally.

High-yield sectors, such as energy and utilities, have underperformed the major indices. But there's reason to believe the underperformance presents a buying opportunity for patient investors.

ExxonMobil (NYSE: XOM), Kinder Morgan (NYSE: KMI), and American Electric Power (NASDAQ: AEP) are all down year to date. Here's why each dividend stock looks like a compelling value and reliable source of dividend income.

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Source Fool.com

American Electric Power Inc. Stock

€83.00
0.610%
The American Electric Power Inc. stock is trending slightly upwards today, with an increase of €0.50 (0.610%) compared to yesterday's price.
Currently there is a rather positive sentiment for American Electric Power Inc. with 19 Buy predictions and 4 Sell predictions.
As a result the target price of 86 € shows a slightly positive potential of 3.61% compared to the current price of 83.0 € for American Electric Power Inc..
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