Want $3,100 in Annual Dividends? Invest $18,000 in Each of These 3 Stocks
The average stock on the S&P 500 yields just 1.4%. If you invested $54,000 into stocks averaging that kind of a yield, you'd collect just $756 in annual dividend income. But if you invested that same amount, spread across the three high-yielding stocks listed below, your dividend income could come in at over $3,100 for a full year.The best part is that you're not taking on significant risk with these investments, either. Realty Income (NYSE: O), Pfizer (NYSE: PFE), and Target (NYSE: TGT) are all blue chip stocks that you can hang on for the long haul. Together, they can diversify your portfolio and give you plenty of recurring income. Here's why they make for great dividend stocks to buy and hold right now.Image source: Getty Images.Continue reading
The average stock on the S&P 500 yields just 1.4%. If you invested $54,000 into stocks averaging that kind of a yield, you'd collect just $756 in annual dividend income. But if you invested that same amount, spread across the three high-yielding stocks listed below, your dividend income could come in at over $3,100 for a full year.
The best part is that you're not taking on significant risk with these investments, either. Realty Income (NYSE: O), Pfizer (NYSE: PFE), and Target (NYSE: TGT) are all blue chip stocks that you can hang on for the long haul. Together, they can diversify your portfolio and give you plenty of recurring income. Here's why they make for great dividend stocks to buy and hold right now.
Image source: Getty Images.
