2 Reliable Dividend Stocks With Yields Above 8% That You Can Buy With $100 Now and Hold Forever
Are you looking for stocks that can provide heaps of passive income without a lot of risk? If so, there is a pair of dividend-paying stocks with yields above 8% at recent prices that you may want to look at.
Hercules Capital (NYSE: HTGC) and Altria Group (NYSE: MO) have been meeting their dividend commitments and steadily raising their quarterly payouts. Here's why they could be great portfolio additions for just about anyone who wants to pump up their passive-income stream.
Hercules Capital is a business development company (BDC), which means it has to return at least 90% of the profits it generates to shareholders as a dividend. While most BDCs focus on established businesses with positive cash flows, Hercules provides start-ups with venture capital in return for an equity stake or warrants.
Source Fool.com
