From Nasdaq:

The stock market has been a roller coaster ride in the past four years, but dividend stocks have remained a reliable investment option. A recent study found that dividend-paying companies have outperformed non-paying companies, delivering annualized returns of 10.24%. If you’re looking to generate $500 in annual dividend income in 2024, consider investing in Altria Group, which offers a 9.71% yield; Alliance Resource Partners, which offers a 14.13% yield; and Antero Midstream, with a 7.14% yield. These companies have strong fundamentals and are well-positioned for future growth, making them ideal choices for income-focused investors.



Read more: Want $500 in Super-Safe Dividend Income in 2024? Invest $4,850 Into the Following 3 Ultra-High-Yield Stocks.