Got $10,000? Buy These 3 Dividend Stocks Yielding More Than 4%
If you have $10,000 you can afford to invest, you should consider buying some high-yielding dividend stocks. They can generate recurring cash flow for you and potentially make up for losses elsewhere in your portfolio. For example, if you invest that amount on a stock paying 4%, you would be collecting $400 in annual dividends.
Three stocks that pay even more than that and which can be pillars for your portfolio include Medical Properties Trust (NYSE: MPW), Village Super Market (NASDAQ: VLGEA), and Enbridge (NYSE: ENB). The lowest-yielding stock on this list pays 4.3% -- that's more than three times the S&P 500 average of 1.4%.
A real estate investment trust (REIT) can make for a solid income stock to buy because it has to pay out 90% of its earnings to investors. Although the healthcare-focused REIT hasn't been performing badly this year, its shares are down 33% in 2022 or nearly double the S&P 500's drop of 18%.
Source Fool.com
