Subject: Re: dividend stocks for 2024
Another thought.
Have you considered OXY? $59.71.
The dividend yield isn't very high right now at 1.21%, but forecasts are that the payout will rise a lot in the next couple/few years. Value Line expects $2.50 within 3-5 years, which would be a yield over 4% on today's price.
And of course Mr Buffett clearly thinks they're not going anywhere and are reasonably priced at current prices. His picks aren't always big winners, but I'm reasonably happy to outsource my due diligence on viability to him.
I won't touch them, myself. Every time I go near oil and gas I lose my shirt. Presumably someone else is making the money that I'm losing, might as well be you.
Jim