Got $1,000? Buy These 3 Magnificent Dividend Stocks to Boost Your Income in 2024.
Investing in high-quality dividend stocks is a great way to generate passive income. The best ones can turn idle cash into an attractive and steadily rising income stream.
Brookfield Renewable (NYSE: BEPC)(NYSE: BEP), Realty Income (NYSE: O), and Verizon (NYSE: VZ) have been magnificent dividend stocks over the years by steadily increasing their high-yielding payouts. That should continue in 2024 (and beyond), making them ideal income stocks to buy right now.
Brookfield Renewable currently offers a 4.7% dividend yield. That's several times above the S 500's 1.5% dividend yield. It could turn $1,000 into $47 of annual dividend income at that rate compared to $15 from an S 500 index fund.
Source Fool.com
Brookfield Corp. Stock
€38.00
-0.520%
We see a rather positive sentiment for Brookfield Corp. with 14 Buy predictions and 1 Sell predictions.
As a result the target price of 42 € shows a slightly positive potential of 10.53% compared to the current price of 38.0 € for Brookfield Corp..
