WTRG - My Top 10 High Yield Dividend Stocks For April 2024

2024-03-31 12:27:32 ET

Summary

• Vanguard High Dividend Yield ETF is off to a good start this year +8.98%, while the SPDR S&P 500 ETF Trust is performing even better +10.39%.
• The top 10 stocks on the watchlist for April 2024 offer a 3.61% dividend yield, more than double the S&P 500.
• My top 10 list of high dividend yield stocks has generated an annualized rate of return of 16.32% since its inception in November 2020.

Market Recap

2024 is off to a pretty good start, the SPDR S&P 500 ETF Trust ( SPY ) posted its 3rd consecutive positive month this year. The gain in March of 3.27% was lower than February's 5.22% return. But it was enough to push the ETF to a double digit year-to-date return. Vanguard's High Dividend Yield ETF ( VYM ) is moving in the same direction this year, however not as such an impressive pace. VYM posted an excellent gain of 5.41% in March and is up 8.98% year-to-date. My watchlist is not off to a great start this year, March looked really good as the chosen 10 stocks returned a gain of 5.87%, but year-to-date it is only up 6.06%....

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