3 Top High-Yield Stocks to Buy Before 2024 Is Over
The dividend yield on the average stock has fallen over the past year due to the surge in the stock market. For example, the S&P 500‘s dividend yield has declined from 1.6% a year ago to around 1.2% these days, which is near its lowest level in over 20 years.
However, some stocks still offer higher-yielding dividends. Enterprise Products Partners (NYSE: EPD), Clearway Energy (NYSE: CWEN)(NYSE: CWEN.A), and Brookfield Renewable (NYSE: BEP)(NYSE: BEPC) stand out to a few Fool.com contributors as great stocks to buy as we head into the new year. Here’s why they’re great income stocks to buy right now.
Reuben Gregg Brewer (Enterprise Products Partners): How about buying an investment-grade-rated energy company with a shockingly reliable business and a 6.5% yield? If that sounds good to you, then you may want to buy North American midstream giant Enterprise Products Partners before 2024 is over.
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