Want Safe Dividend Income in 2024 and Beyond? Invest in the Following 2 Ultrahigh-Yield Stocks
Holding stocks of companies that make regular cash payments to shareholders can take the sting out of market volatility. Here are two strong businesses that have been around for decades and currently pay dividend yields that are at least three times the S 500 average of 1.32%.
Realty Income (NYSE: O) owns more than 15,000 real estate properties in the U.S. and Europe. It partners with some of the largest companies in the world, including and FedEx, to open physical locations and expand their businesses.
With higher interest rates pressuring the real estate market right now, the stock is trading 26% off its previous high, which has sent the trailing-dividend yield above 5%.
Source Fool.com