All It Takes Is $5,000 Invested in Each of These 3 High-Yield Dividend Stocks to Generate Over $800 in Yearly Dividends
And that annual income is almost certainly going to continue growing indefinitely.
Overview
Got some cash you're looking to turn into a reliable stream of income? Dividend stocks are your best bet for a handful of reasons. One of them is the fact that they offer the highest immediate cash flow. Another is the possibility of also delivering capital gains. Perhaps more than anything, though, the right dividend stocks will regularly raise their per-share payments at a rate that at least keeps pace with inflation.
With that as the backdrop, here's a rundown of three great dividend stocks that can turn $15,000 -- allocating $5,000 to each -- into an initial annual income of $831.50 that grows reliably each and every year.
Details
You've probably stepped foot onto a Realty Income (NYSE: O) property without even realizing it. This real estate investment trust (or REIT) exclusively owns and rents out brick-and-mortar retail properties. Its top tenants include Dollar General, 7-Eleven, Walgreens, Home Depot, and Walmart, just to name a few. And it's good at finding and then keeping paying renters. Since 2013, its occupancy rate has consistently remained at or above 98%, even during the turbulent 2020, when COVID-19 was wreaking havoc on the retail industry.
Source
Originally published at www.fool.com.