My Top 10 High Dividend Yield Stocks For January 2025, One Yields Over 8%

Group 1 - The article emphasizes the benefits of including high dividend yield companies that pay sustainable dividends in investment portfolios to generate extra income, which can help cover monthly expenses [1] - The focus is on identifying companies with significant competitive advantages and strong financials that provide attractive Dividend Yield and Dividend Growth, allowing for an increase in annual dividend income [1] - A well-diversified portfolio across various sectors and industries is recommended to minimize volatility and mitigate risk, with an emphasis on incorporating companies with a low Beta Factor [1] Group 2 - The investment strategy involves a blend of ETFs and individual companies, prioritizing broad diversification and risk reduction [1] - The selection process for high dividend yield and dividend growth companies is meticulously curated, focusing on total return, which includes both capital gains and dividends [1] - The overall goal is to maximize returns while considering a full spectrum of potential income sources, thereby generating extra income through dividends and reducing risk through diversification [1]