Forbes brings valuable insights to investors looking for passive income through dividend stocks in 2024. In their article “Best Dividend Stocks for Passive Income 2024,” they outline the potential of investing in dividend-yielding stocks. Here’s a concise summary of the key points, directing readers to the original Forbes article for a more comprehensive understanding.

• Stable and Profitable: Dividend stocks often represent companies with consistent profitability and stability, making them an attractive component of a passive income portfolio
• Potential for Appreciation: Besides regular dividends, these stocks can also offer returns through price appreciation.

1. Polaris (PII): Notable for its reasonable profit margins and payout ratios, Polaris is known for manufacturing snowmobiles and other recreational vehicles.
2. Hormel Foods (HRL): A renowned food packaging company with a solid dividend history and improving margins.
3. Old Republic International (ORI): An insurance underwriter with a consistent dividend growth history and a stable payout ratio.
4. C.H. Robinson Worldwide (CHRW): A global freight and logistics company with a longstanding history of dividend increases.