4 Incredible Dividend Stocks Yielding 4%-Plus to Buy in 2024
Dividend stocks can be incredible investments. They've historically outperformed the market over the long term. The best returns have come from companies that routinely increase their dividends.
Dividend growers also tend to deliver better returns in flat to slightly higher markets. That could be what's in store in 2024 following the market's massive rally in 2023. Four exceptional Dividend stocks are (NYSE: ABBV), Brookfield Renewable (NYSE: BEPC)(NYSE: BEP), Realty Income (NYSE: O), and T. Rowe Price (NASDAQ: TROW). They all offer dividends yielding 4% or more (more than double the S 500's 1.5% yield) that should continue rising in 2024.
AbbVie's dividend yield is right around 4%. The healthcare company has an excellent track record of growing that payout. It has increased its dividend every year since its inception in 2023, including already unveiling plans to lift it by another 4.7% for 2024. With that increase, AbbVie has boosted its payout by 285% since its formation.
Source Fool.com
AbbVie Inc. Stock
The stock is an absolute favorite of our community with 21 Buy predictions and no Sell predictions.
As a result the target price of 174 € shows a slightly positive potential of 14.34% compared to the current price of 152.18 € for AbbVie Inc..
