Best High dividend Stocks - For Big Profits in 2024

High dividend stocks are a powerful way to generate consistent cash flow while benefiting from potential capital appreciation. These stocks, known for their above-average yields, offer an opportunity for investors to secure a steady income stream. Whether you're interested in telecom, energy, REITs, or financial sectors, the following list showcases the best high dividend stocks for big profits in 2024.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
AT&T6.10%90.45%18.08%1.60%0.09%-11.11%-4.72%
Verizon7.99%114.26%18.06%1.84%0.10%2.02%2.37%
Exxon Mobil3.24%47.99%15.71%1.92%0.14%2.64%4.11%
Chevron4.09%70.19%17.23%1.84%0.10%6.16%4.47%
Altria8.92%66.57%9.25%-27.43%-2.72%5.06%7.63%
Philip Morris International4.05%82.53%20.49%-20.78%-0.96%2.74%3.68%
Lumen Technologies-%-0.33%-3.58%22.38%-4.94%0.00%0.00%
ONEOK4.38%81.79%23.62%3.92%0.17%3.32%10.30%
Enbridge6.77%119.35%12.51%1.40%0.11%4.74%7.60%
MPLX9.40%80.24%11.10%3.51%0.32%4.98%11.89%
Pembina Pipeline4.24%83.57%17.25%2.02%0.12%3.82%1.78%
Kinder Morgan5.10%100.24%24.55%2.05%0.08%9.19%-23.12%
Energy Transfer8.90%110.76%12.11%1.33%0.13%0.24%-7.20%
Enterprise Products Partners8.27%94.99%11.80%2.43%0.28%2.92%-3.05%
Williams Companies4.06%79.28%24.53%5.68%0.23%5.65%2.22%
Brookfield Infrastructure Partners4.66%-1574.60%-251.44%0.00%-0.01%-4.04%-1.17%
PPL3.72%89.20%30.57%1.79%0.06%-10.16%-4.17%
Duke Energy3.65%92.18%20.28%1.78%0.09%2.24%2.77%
Southern3.24%63.19%20.51%2.91%0.15%3.16%3.28%
Consolidated Edison3.42%59.16%18.21%1.53%0.09%2.53%2.79%
Valero Energy2.26%37.69%12.23%1.79%0.14%4.98%16.98%
Phillips 663.44%55.42%16.22%1.90%0.11%6.26%12.21%
Antero Midstream7.27%112.21%19.10%3.50%0.18%14.77%0.00%
Annaly Capital Management13.18%1249.68%87.59%0.82%0.01%16.72%5.65%
AGNC Investment14.89%101.04%6.77%0.81%0.13%-7.79%-9.13%
Blackstone Mortgage Trust12.92%-176.29%-12.86%0.81%-0.06%0.00%13.16%
Starwood Property Trust9.82%160.29%16.49%0.96%0.06%0.00%0.54%
Ares Capital10.99%69.65%8.78%1.09%0.13%4.51%2.03%
Main Street Capital9.15%81.89%9.83%1.73%0.18%5.33%3.28%
FS KKR Capital16.95%199.05%11.27%0.89%0.08%28.26%0.00%
National Retail Properties6.69%130.01%19.95%1.81%0.09%2.72%3.38%
Realty Income5.45%291.48%56.60%1.29%0.02%3.00%3.46%
W. P. Carey6.14%143.85%22.29%1.45%0.06%-0.11%1.84%
Simon Property5.50%108.09%23.79%21.74%0.84%-1.17%4.83%
EPR Properties7.60%138.65%16.83%1.40%0.08%-5.24%0.44%
Kimco Realty5.14%187.29%43.91%1.60%0.04%-1.85%1.78%
Equity Residential3.61%136.71%30.36%2.60%0.08%4.17%3.66%
Medical Properties Trust14.49%-18.10%-1.00%0.46%-0.39%-2.52%0.83%
Iron Mountain 2.93%734.89%323.87%-130.92%-2.59%1.34%8.92%
Bank of Nova Scotia5.68%75.29%13.80%1.26%0.09%4.12%5.49%
Canadian Imperial Bank of Commerce2.98%39.37%13.12%1.53%0.12%-8.58%-5.66%
Toronto-Dominion Bank6.67%87.84%12.34%0.89%0.07%5.70%-1.31%
Manulife Financial2.76%54.64%16.68%1.90%0.12%8.76%7.52%
Aegon7.84%0.00%0.00%1.16%0.00%11.14%-0.49%
Prudential2.66%64.04%24.92%1.34%0.05%-21.72%-8.40%
GSK4.63%95.58%21.42%3.84%0.18%-4.37%-3.27%
BP7.90%182.37%29.19%1.22%0.04%-7.33%-2.73%