4 Top Dividend Stocks Yielding 4% to Buy in April
The stock market has gotten off to a roaring start in 2024. The S 500 ended the first quarter up 10%, its average return over an entire year. That surge has driven down its dividend yield to 1.3%. It's approaching a historically low level.
However, while the dividend yield on most stocks has fallen as share prices have risen, some enticing opportunities remain available. Here are four top dividend stocks yielding at least 4% that you can buy for income this April.
(NYSE: CVX) entered April with a dividend yield of about 4.1%. The oil and gas giant has an exceptional track record of paying dividends. This year was its 37th consecutive year of increasing its dividend, one of the longest streaks in the oil patch. Chevron gave its investors an 8% raise. Its five-year dividend growth rate is higher than the S 500's and more than double the pace of its closest peer.
Source Fool.com
Chevron Corp. Stock
The stock is an absolute favorite of our community with 26 Buy predictions and no Sell predictions.
As a result the target price of 179 € shows a positive potential of 24.12% compared to the current price of 144.22 € for Chevron Corp..