3 Magnificent High-Yield Dividend Stocks Down Between 32% and 56% to Buy Right Now

From Yahoo Finance: 2024-04-15 05:54:00

The stock market hits new all-time high this year due to strong economic growth, interest rate cut prospects, and catalysts like artificial intelligence. Stanley Black & Decker, NextEra Energy, and Brookfield Renewable are top dividend stocks currently sitting 32% to 56% below their all-time highs from a few years ago, offering higher yields and strong total return potential. Stanley Black & Decker is turning a corner with a historically high dividend yield. NextEra Energy offers powerful dividend growth with a focus on Florida and investments in renewable energy. Brookfield Renewable targets steady dividend growth and a solid 6.1% yield, making it a compelling long-term buy.



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