Want $1,000 in Annual Passive Income? Invest This Much in This Ultra-High-Yield Energy Stock.
Pipeline stocks remains a top pick for income investors.
Overview
Generating $1,000 in annual passive income may be easier than you might expect. Assuming a 5% annual dividend, investors would need just $20,000 to generate this level of income.
These figures don't include any potential taxes. Nor do they adjust for inflation. But a 5% annual dividend is all you need to start building a passive cash flow empire.
Details
If you're looking for passive income, one pipeline stock could have you completely covered.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.