A Shake-Up in the Fast-Food Industry: Why Wendy’s Is Closing Hundreds of Restaurants
Looking for top dividend stocks for 2024? Redditors have shared their favorites. Here's a quick guide:
$JNJ: A global healthcare leader with steady earnings and a strong dividend history. "Johnson & Johnson (JNJ) Global healthcare leader with steady earnings and a strong dividend history."
$ABBV: Big pharma with a strong cash flow and new drug pipeline. "Big pharma with a strong cash flow and new drug pipeline."
$PEP: Known for its steady revenue from snacks and drinks, with over 50 years of dividend increases. "It’s more than just soda — snacks bring in steady revenue, and they’ve been raising the dividend for over 50 years."
$O: A real estate investment trust (REIT) that pays monthly dividends and has a history of steady increases. "I like Realty Income, steady dividend increases over the years."
$MAIN: A business development company (BDC) that offers monthly dividends and is a favorite among investors. "My old dividend friend was MO...still have her but I'm also a fan of main!"
$JEPQ: An ETF that provides high monthly dividends through covered call strategies on the Nasdaq 100. "JEPQ for me — currently $56.02 and I bought at $46.06."
$SCHD: A popular choice for its diversified portfolio of high-quality dividend stocks. "SCHD is boring but solid and reliable."
$QQQI: Offers a good balance of growth and dividends with a focus on tech stocks. "QQQI gives me some income and growth."
$SPYI: Invests in a mix of dividend-paying stocks and covered calls for extra income. "I sold SCHD and FDVV for positions in those funds."
$PG: A defensive play with a wide moat and essential products. "Defensive play with a wide moat and essential products."
$KO: A global brand with a strong dividend history and stable earnings. "Good to see some KO love."