Got $1,000? Here Are 3 Magnificent High-Yield Dividend Stocks to Buy Right Now for a Potential Lifetime of Passive Income.
Investing in real estate is widely considered to be an excellent way to generate passive income. There are many ways to do it, even for those who don't have much money to start. One of the easiest is to invest in a real estate investment trust (REIT). These companies own income-producing real estate and pay a portion of that income to investors via dividends, making them extremely passive real estate investments.
REITs are very low-cost investments. You can often buy shares of a high-quality REIT for less than $100. Three REITs with magnificent records of paying dividends are Realty Income (NYSE: O), Agree Realty (NYSE: ADC), and Vici Properties (NYSE: VICI). They should supply investors with an attractive and growing income stream that could last a lifetime.
Realty Income has done a masterful job of paying dividends over the years. The diversified REIT (retail, industrial, and gaming properties) recently declared its 647th consecutive monthly dividend. That payment was 2.1% higher than the previous level, marking its 107th straight quarterly increase.
Source Fool.com
