Portfolio growth can come from many different sources. While areas including artificial intelligence (AI) or genomics are hot at the moment, one area of investing that rarely goes out of style is dividend investing.

Dividends can provide a lucrative source of passive income. And thanks to the power of compounding, reinvesting dividends and holding on to your winners for the long run can especially help investors build generational wealth.

Let's explore 10 stocks that have ultra-high dividend yields, and assess why each is worth a close look in 2024.

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Source Fool.com