Three stocks that offer a high dividend yield in 2024

In a period of growing economic uncertainty and geopolitical challenges, investors are increasingly looking for stable options to provide passive income. Dividend stocks are one such instrument that can provide solid returns. In 2024, three companies are attracting attention that offer attractive dividend yields and solid earnings stream coverage despite the volatility of their dividend payouts in the past.

Which 3 companies are they? 👇

UniCredit: Stable bank dividends with a view to growth

UniCredit $UNCRY is an Italian commercial bank that operates in several European regions. With a market capitalization of €56.68 billion and a dividend yield of 4.9%, it is a strong dividend stock, although its dividend history has been quite volatile in the past. Even so, the firm has solid dividend coverage by earnings streams, with its current payout ratio at 30.6%. This means that its dividend is well covered by earnings and is expected to reach a sustainable payout ratio of 59.4% over the next…