Which type of stock does Maria want to invest in if she is looking for higher cash dividends?

Maria is looking for higher cash dividends, which are typically associated with income stocks. Income stocks are shares of companies that have a history of paying regular and substantial dividends. These stocks are often from well-established companies that prioritize returning value to shareholders through dividends rather than reinvesting profits back into the company for growth.

In contrast, growth stocks focus on reinvesting earnings to fuel expansion, which often results in little to no cash dividends in the short term. Common stock can represent both growth and income stocks, as it encompasses all shares of a company, but it does not specifically target higher dividends. Value stocks are typically those perceived to be undervalued compared to their intrinsic value and might not specifically focus on providing higher dividends either.

Thus, for someone like Maria, seeking a steady and higher dividend income, investing in income stocks would be the most appropriate choice.