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2 High-Quality Dividend Stocks to Load Up On in 2024


Dividend stocks have been a key driver of U.S. stock market returns for over a century. However, many investors have overlooked them in favor of growth stocks in the past decade. This could be a mistake, as history shows that a balanced portfolio should include some high-quality Dividend payers with solid fundamentals, competitive advantages, and consistent Dividend growth.

Which dividend stocks meet these criteria? Philip Morris International (NYSE: PM) and W.W. Grainger (NYSE: GWW) are both well-regarded dividend payers with a remarkable history of delivering decent capital gains and paying a generous yield. Here's why these two blue chip dividend stocks could be a valuable addition to a balanced portfolio in 2024 and beyond.

Image source: Getty Images.

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Source Fool.com

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