Looking For A High-Yield Dividend Stock To Buy? Here Are Two Analyst Picks Plus One Ultra High-Yield Alternative.

Looking For A High-Yield Dividend Stock To Buy? Here Are Two Analyst Picks Plus One Ultra High-Yield Alternative.

Looking for a high-yielding dividend stock to buy? Here are two analyst picks and a very high-yielding alternative.

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High-yielding dividend stocks are essential for investors looking for a stable income stream and relative safety in adverse market conditions. However, not all high-yielding dividend stocks are worth investing in. The best options are backed by strong financial health and have a history of consistent payments.

According to Wall Street analysts, the top two high-yielding dividend stocks in 2024 are Real estate income company (NYSE:Oh) And AT&T Inc. (NYSE:T). Both stocks have a yield of over 5% and an annual growth rate of over 3%.

Realty Income Corp, a Dividend Aristocrat with 28 years of consistent dividend payments, is an S&P 500 company invested in more than 5,900 real estate properties leased to high-quality commercial tenants. With a market cap of $46.6 billion and a 12-month dividend yield of 5.72%, Realty Income Corp offers monthly dividends with substantial quarterly increases. The company has maintained a dividend growth rate of 3.70% over the past ten years.

AT&T Inc, a telecommunications giant, is another top pick for a consistent high income stream. With a strong financial outlook and rapidly growing free cash flow, AT&T is well-positioned to pay sustainable dividends. The company offers a quarterly dividend yield of 6.35% with a payout ratio of 60%, and many analysts consider AT&T to be undervalued, recommending it for medium to long-term investments.

An alternative option paying 9%

While these high-yielding dividend stocks offer a great long-term income opportunity, savvy investors should also consider short-term investment options to further diversify their portfolios. One of these options is Base Camp Alpine Notes from EquityMultiple.

Basecamp Alpine Notes offers a powerful short-term cash management tool, with a target APY of 9.00% over a 3-month term and a minimum investment of just $1,000. These notes offer high liquidity and attractive rates with compound interest, making them an ideal choice for investors looking to build their real estate portfolio.

In addition to their attractive returns, Basecamp Alpine Notes are exclusive to new investors on the EquityMultiple platform. This means that investors new to EquityMultiple have a unique opportunity to take advantage of these favorable conditions and start building their real estate portfolio with a low-risk, high-return investment.

Click here to put your idle money to work with Basecamp Alpine Notes.

While high-yielding dividend stocks like Realty Income Corp and AT&T Inc are great choices for a stable long-term income stream, investors should also consider short-term investment options like Basecamp Alpine Notes. EquityMultiple. By diversifying their portfolios with a mix of long-term and short-term investments, investors can create a more resilient and balanced approach to wealth creation in all market conditions.

This item Looking for a high-yielding dividend stock to buy? Here are two analyst picks and a very high-yielding alternative. originally appeared on Benzinga.com

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