3 Under-the-Radar Stocks That Could Make You Boatloads of Passive Income
With the Federal Reserve aggressively raising interest rates, Russia's ongoing invasion of Ukraine, and the possibility of a recession or stagflation, it's easy to see why the market has been and could continue to be volatile. That said, all market sell-offs present the opportunity to find stocks trading at a discount.
In the case of dividend stocks, lower stock prices present the opportunity to find higher yields, which leads to more passive income. Dividend-paying stocks can also create more stable streams of income amid the volatility. Here are three stocks that tend to fly under the radar but can make investors boatloads of passive income.
As a real estate investment trust (REIT), which receives special tax exemptions, STORE Capital Corp (NYSE: STOR) must pay out at least 90% of its annual taxable income in dividends to qualify for the special designation. STORE has an extremely attractive annual dividend yield of 6%.
Source Fool.com
