5 Dividend Stocks Yielding Over 5% to Boost Your Passive Income This September
Stock prices have been under pressure this year as the Federal Reserve raises interest rates to combat inflation. That's increasing the income yield on lower-risk investments like bonds and bank CDs. Dividend stock prices are falling as a result, boosting their yields to compensate investors for their higher risk profiles relative to bonds.
For investors willing to take on a bit more risk, many solid dividend stocks are looking more attractive as their prices fall and yields rise. Here are five high-quality companies with dividend yields above 5%. Those higher yields can provide a big boost to an investor's passive income portfolio this September.
Blackstone (NYSE: BX) is the world's largest alternative asset manager. The company collects steady fee-based income as it manages clients' money. It also generates performance-based revenue as its investment funds deliver on their return objectives. Those two sources supply Blackstone with lots of income.
Source Fool.com
