7 Dividend Stocks to Buy for Income and Stability in 2024

Procter & Gamble (PG)

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Procter & Gamble has high-profit margins that exceed 20% in the first quarter of fiscal 2024. During that quarter, net sales increased by 6% year-over-year while net income went up by 15% year-over-year.

Stag Industrial (STAG)

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Stag Industrial owns 568 buildings in 41 states. The firm has many big-name tenants that will stick around for years. That results in stable cash flow for investors.

NextEra Energy (NEE)

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Adjusted earnings per share growth came in at 10.8% year-over-year during the first three quarters of 2023. Revenue increased by 6.8% year-over-year.

Qualcomm (QCOM)

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The semiconductor stock has been a long-term winner and offers a 2.10% dividend yield for new investors. The stock trades at a 23 P/E ratio.

National Storage Affiliates Trust (NSA)

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Revenue and earnings growth were both on the upswing in the third quarter of 2023. The company reported 7.2% year-over-year net income growth and revenue grew by 1.1% year-over-year.

JPMorgan (JPM)

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The financial institution closed out the fourth quarter of fiscal 2023 with a 12% year-over-year increase in net revenue. JPMorgan grew its top line while having a 26% net profit margin.

Delta Air Lines (DAL)

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The company is likely to reclaim its pre-pandemic levels and raise its dividend over time. Substantial raises may have to wait because of a trimmed earnings forecast, but investors should expect a higher dividend in the middle of 2024.

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