"Top Dividend Stocks for High Yields and Long-Term Growth"
TL;DR Summary
Dell Technologies Inc. (NYSE:DELL) ranks second on the list of the best dividend stocks of 2024, benefiting from a 20.3% hike in its quarterly dividend and a surge in AI infrastructure investments. Despite a trailing PE of 37, analysts expect significant earnings growth, making it a promising investment with a forward PE ratio of 20. The company's dividend yield stands at 1.21% as of May 21, and it has seen increased interest from hedge funds.
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