Want $1,000 in Dividend Income in 2024? Invest $13,000 in These 3 High-Yielding Stocks.
A good thing about the downturn in the markets over the past couple of years is there are many high-yielding stocks to choose from right now, which can help you make the most of your money.
Three top dividend stocks to consider for your portfolio are Altria Group (NYSE: MO), Verizon Communications (NYSE: VZ), and Bank of Nova Scotia (NYSE: BNS). Investing $13,000 in these stocks can be enough to generate $1,000 in dividend income next year.
Here's how you could spread that investment out across these stocks to diversify while collecting some significant dividend income.
Source Fool.com
Verizon Communications Inc. Stock
We see a rather positive sentiment for Verizon Communications Inc. with 20 Buy predictions and 1 Sell predictions.
With a target price of 42 € there is a slightly positive potential of 12.18% for Verizon Communications Inc. compared to the current price of 37.44 €.