Juice your portfolio income with these dividend payers that offer high yields, Wells Fargo says

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Juice your portfolio income with these dividend payers that offer high yields, Wells Fargo says
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Wells Fargo Investment Institute issued a list of high-yield, dividend-paying stocks.

High dividend yield stocks can boost investors' portfolio income — if they are willing to take some risk — and Wells Fargo Investment Institute has a list of its favorite picks. Dividend-paying stocks offer investors a combination of potential price appreciation and income today, which can enhance returns and provide some cushion during volatile times. Investors with a long-term perspective can get even more mileage out of their dividend-paying stocks by reinvesting the income they generate.

His team lowered its share repurchase forecast for the second half to $4 billion from $5 billion per quarter, with the earlier estimate based on an expectation of a mid-2024 closing for Chevron's merger with Hess. The time frame around that deal has been delayed now that the companies are in a dispute with Exxon Mobil over assets in Guyana.

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