Top Dividend Stocks With High Yields for Small Investors

Saturday, 20 April 2024, 10:23

Discover two S&P 500 dividend stocks offering impressive yields above 6% that can be purchased even with a small investment of $100. Altria Group and AT&T represent attractive investment opportunities with strong potential for dividend growth and steady payouts.
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Top Dividend Stocks With High Yields for Small Investors

Introduction

You don't have to be rich to get your money to start working for you. If you're looking for dividend-paying stocks among members of the S&P 500, finding a yield high enough to inspire a purchase can be extra challenging these days.

Altria Group

  • Yield: 9.5%
  • Recent Performance: Despite facing challenges from declining cigarette sales, Altria Group reported positive growth in adjusted earnings per share in 2023.

AT&T

  • Yield: 6.9%
  • Recent Performance: AT&T is poised for dividend growth potential with steady payout raises anticipated in the future.

Investors seeking passive income should consider these dividend stocks as they offer attractive yields and the potential for sustained profitability.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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