Want $1,500 in Dividend Income in 2024? Invest $25,000 in These 3 Top Income Stocks

Dividend income can boost your overall returns, and also provide you with some recurring cash flow for your portfolio. That's a good thing, because it means you don't have to sell your investments if you need cash -- you can just wait for the Dividend income to roll in. And while the S 500 is performing well this year, there are still many good, cheap dividend stocks out there to buy right now that offer high yields.

Three safe long-term dividend stocks investors can load up on today are Kraft Heinz (NASDAQ: KHC), AT (NYSE: T), and Pfizer (NYSE: PFE). Below, I'll show you how you can invest $25,000 across these three stocks to collect $1,500 in dividend income next year.

Food and beverage company Kraft Heinz makes for a promising long-term investment. With strong consumer brands in its portfolio, including Kraft, Heinz, Philadelphia, Oscar Mayer, and many others, the company's operations are more resilient than those of most other consumer businesses. The strong brand power it enjoys is a key reason this is also a Warren Buffett stock, with Kraft Heinz being one of Berkshire Hathaway's top 10 holdings.

Continue reading

Source Fool.com