CRAK - 3 High-Yield Dividend Stocks/ETFs to Buy Hand Over Fist in July
2024-07-04 06:00:00 ET
With the S&P 500 up a rip-roaring 14.5% in the first half of 2024 alone, a mere 4% annual dividend yield may seem like a consolation prize at best. But long-term investors know that the benefits of quality dividend stocks and exchange-traded funds (ETFs) shine when the stock market is trading sideways or going down, not when it is going up.
Three Motley Fool contributors have identified investments with consistent and growing quarterly payouts that can anchor a diversified portfolio during a downturn. They are Kenvue (NYSE: KVUE) , American Electric Power (NASDAQ: AEP) , and the VanEck Oil Refiners ETF (NYSEMKT: CRAK) -- three high-yield choices worth considering if you're interested in generating dividend income no matter what the economy is doing.
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3 High-Yield Dividend Stocks/ETFs to Buy Hand Over Fist in July