Want $300 of Passive Income? Invest $15,000 in These 2 Dow Dividend Giants.
The Dow Jones Industrial Average is a great place to go shopping if you're an investor seeking passive income. This collection of 30 of the world's largest publicly traded businesses is packed with companies that have stellar track records for earnings growth. Their dividend yields provide instant cash returns, too, with a high chance of steady annual hikes on the way for many years into the future.
It doesn't take a very large investment to start to build that income stream, either. With a $15,000 investment split about evenly between (NYSE: WMT) and Home Depot (NYSE: HD), for example, you'd receive about $300 annually, or 2% on your cost. Here's why that's an attractive option for dividend stock investors today.
Walmart's dividend yield is relatively small at 1.5%, but don't let that issue scare you away from this stock. The retailer is checking all the right boxes for investors, after all.
Source Fool.com
Walmart Inc. Aktie
Die Walmart Inc. Aktie in der Gunst der Community: Nur Buy-Einschätzungen, keine Sell-Einschätzungen.
Ein leicht positives Potenzial wird für Walmart Inc. mit einem Kursziel von 74 € im Vergleich zu 64.32 € gesehen.
