2 Ultra-High-Yield Dividend Stocks to Buy in 2024

As we venture into 2024, investors seeking to enhance their streams of passive income may want to focus their attention on a pair of ultra-high-yield dividend stocks that are currently priced at a bargain. These stocks not only offer attractive yields but also the potential for appreciation in the coming year, making them lucrative additions to any income-focused portfolio.

Verizon Communications Inc. VZ - A Telecommunications Giant

Verizon Communications Inc. VZ, a major player in the American telecommunications sector and a noteworthy element of the Dow Jones Industrial Average, stands out with its head office situated at 1095 Avenue of the Americas in Midtown Manhattan, New York City, and has corporate roots in Delaware. Known for its steadfast dividend payments, VZ offers investors a solid yield backed by its substantial market presence and a history of financial stability.

Cronos Group Inc. CRON - Innovating in the Cannabinoid Space

The Toronto-based Cronos Group Inc. CRON is carving a niche in the burgeoning cannabinoid industry. With its unique positioning and the growth potential of its market, CRON presents an intriguing prospect for those interested in high-yield dividend stocks. As the regulatory landscape continues to evolve, CRON may benefit from new market opportunities, potentially enhancing shareholder returns.

Altria Group, Inc. MO - A Tobacco Industry Heavyweight

Altria Group, Inc. MO, formerly known as Philip Morris Companies, Inc., is a prominent entity in the global tobacco industry. Headquartered just outside Richmond, Virginia, MO boasts a significant footprint in the world of tobacco and cigarettes. Its generous dividend yield is supported by its industry leadership and enduring consumer demand, offering a compelling case for investors seeking high-yield income.

Investors searching for high dividend yields combined with the potential for long-term growth may find significant opportunities with VZ, CRON, and MO. These companies are not only industry leaders but also represent attractive bargains that could augment investor income in the upcoming year.

Investment, Dividend, Yield