Want Over $1,100 in Annual Dividends? Invest $6,000 in These 3 High-Yielding Stocks
These stocks all yield more than 5% and are safer than they look.
Overview
You need money to make money. But if you focus on high-yielding dividend stocks, you don't need as much to generate a lot of recurring cash flow. While some high-yielding stocks can be risky, others are safer than they look.
Three dividend stocks with payouts exceeding 5% that can be excellent options for income-seeking investors today are Verizon Communications (NYSE: VZ), United Parcel Service (NYSE: UPS), and General Mills (NYSE: GIS). Here's how by investing $6,000 into each one of these stocks, investors could generate $1,100 in dividend income, and why doing so may not be as risky as it might appear to be at first glance.
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Originally published at www.fool.com.