3 Powerhouse Passive-Income Stocks That Each Yield More Than 4%
Red-hot inflation, geopolitical tensions, an uncertain outlook for consumer spending and the housing market -- the list of stock market headwinds goes on and on. One approach for folks looking for a simple way to ride out the volatility is to invest in good companies that have attractive dividend yields.
An advantage of a sizable yield -- particularly a yield of 4% or higher -- is that the dividend on its own is enough to supplement some income in retirement.
However, the 4% level is even more critical right now because rising interest rates have pushed the three-month Treasury bill rate up. In fact, the three-month Treasury bill yield is currently 3.8% -- which is the highest level in 15 years.
Source Fool.com
