Published on 28 Apr 2024 on Insider Monkey via Yahoo Finance
12 Under-the-Radar High Dividend Stocks to Invest in Now
In this article, we discuss 12 under-the-radar high dividend stocks to invest in now. You can skip our detailed analysis of dividend stocks and their performance over the years, and go directly to read 5 Under-the-Radar High Dividend Stocks to Invest in Now.
Dividend investing in back in the limelight in 2024. Tech companies, which are mainly known for their growth initiatives, are now venturing into another territory by starting their dividend policies. Earlier this year, Meta Platforms, Inc. (NASDAQ:META) took the leap with its inaugural dividend announcement, soon followed by Salesforce, Inc. (NYSE:CRM). On April 25, Alphabet Inc. (NASDAQ:GOOG) also joined the dividend club by announcing its first-ever dividend of $0.20 per share. This way, these companies are providing shareholders with dual benefits of potential for growth and capital return. Andrew Zamfotis, portfolio manager at Ami Asset Management Corp, made the following comment on Alphabet’s new dividend in his interview with Bloomberg: