All It Takes Is $5,000 Invested in Each of These 3 High-Yield Dividend Stocks to Generate Over $800 in Yearly Dividends
Key PointsThe brick-and-mortar retailing industry may be running into headwinds. Fortunately, Realty Income serves its strongest survivors.
A $5,000 investment in each of three high-yield dividend stocks can generate over $800 in yearly dividends. Dividend stocks provide reliable cash flow and the potential for capital gains. The key is finding stocks that consistently raise their per-share payments to match inflation. Realty Income (NYSE: O) is a top example. This real estate investment trust owns and rents out retail properties, with major tenants like Dollar General, 7-Eleven, Walgreens, Home Depot, and Walmart.
Its occupancy rate has stayed above 98% since 2013, even during the 2020 COVID-19 pandemic. With $5,000 invested in each of these three stocks, an initial annual income of $831.50 is possible, growing reliably each year.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
