Published on 16 Apr 2024 on Insider Monkey via Yahoo Finance

10 Dividend Stocks with Over 9% Yield According to Analysts

In this article, we will take a detailed look at the 10 Dividend Stocks with Over 9% Yield According to Analysts. For a quick overview of such stocks, read our article 5 Dividend Stocks with Over 9% Yield According to Analysts.

The Federal Reserve's Chief Jerome Powell on April 16 said it might take longer than expected to begin cutting interest rates as data continues to show inflation is still high. Many analysts were already incorporating the possibility for a higher for longer scenario, in which the Fed could hold rates steady throughout 2024. In this environment, the appeal of companies with strong fundamentals, certain income and growth potential has redoubled. In January, Lord Abbett said in a report that interest rate hikes in the US has caused a paradigm shift which has made high-quality companies with strong profits and dividend growth history attractive for investors. The report said that high-profit companies have the "agility" to adjust according to the changing environment, benefit from existing opportunities and also conduct mergers and acquisitions for expansion.

Peter Lynch's Thoughts on Dividend Investing