### Secure Your Future with High-Yield Dividend Stocks

Investors seeking stable and substantial dividend income in 2024 need to focus on stocks that promise both high yields and sustainable payouts. Choosing the right stocks can be challenging, given the market's volatility. However, three companies stand out as reliable sources of high-dividend yields: British American Tobacco, Verizon Communications, and Ambev.

**British American Tobacco (BTI): Steady Dividends Amid Challenges**

British American Tobacco (BTI -2.46%) is well-known for its brands such as Pall Mall, Camel, and Lucky Strike. Despite the global smoking-cessation movement threatening its primary business, the company is diversifying into vaping and heated-tobacco products. Still, traditional smoking products account for over 80% of its revenue. According to the World Health Organization, roughly 1.3 billion people continue to smoke, and this number is projected to still be significant by 2030.

BTI acknowledges the decline in smoking but remains committed to leveraging its existing profitability. This focus allows the company to maintain a high dividend yield, currently standing at a robust 8.4%. This yield is supported by the company's steady profit growth, making it an attractive option for dividend-seeking investors.

**Verizon Communications (VZ): Reliable Returns**

Verizon Communications (VZ 0.32%) may not offer high growth prospects, given that 97% of U.S. adults already own mobile phones, according to Pew Research. However, its consistency in generating profits more than compensates for its modest growth. The company's market-leading scale and competitive pricing ensure continuous revenue and reliable earnings before interest, taxes, depreciation, and amortization (EBITDA). Verizon has maintained positive EBITDA for over a decade.

For income-focused investors, Verizon has been a stable performer, paying quarterly dividends since 2000 and increasing its annual dividend payout every year since 2005. The forward-looking dividend yield for Verizon stands at a solid 6.3%, offering a secure and dependable income stream.

**Ambev S.A. (ABEV): The Craft Beer Advantage**

Ambev S.A. (ABEV -0.87%) combines several beer companies, including notable mergers with Belgium's Interbrew in 2004 and the acquisition of Anheuser-Busch in 2008. While familiar brands like Budweiser and Michelob are part of its portfolio, Ambev also owns numerous craft beer brands, primarily serving the Latin American market.

Though beer consumption faces challenges due to inflation, premium beer sales have surged. GlobalData reveals that premium beers are growing faster than their non-premium counterparts. This trend aligns with Ambev's outpacing revenue growth. Despite cyclicality in beer consumption, premium beer demand remains resilient.

Ambev's dividend payments are irregular due to its international operations, but it offers a strong yield, now close to 6.5%. Long-term growth and substantial yields make the occasional inconsistency in payouts worth the investment.

**Conclusion**

Investing in high-yield stocks like British American Tobacco, Verizon Communications, and Ambev can secure dependable dividend income. Their industry positions and consistent payouts make them strong candidates for those seeking to bolster their financial portfolios in 2024 and beyond.