Investing $100,000 in These 7 High-Yield Dividend Stocks Could Generate Over $7,000 in Annual Passive Income
Let your money work for you. You've probably heard that said multiple times over the years, but it's still good advice.
One of the best ways to put your money to work is through dividend stocks. Some can make your money work especially hard for you. Investing $100,000 in these seven high-yield dividend stocks could generate over $7,000 in annual passive income.
Ares Capital (NASDAQ: ARCC) is a leading business development company (BDC) that provides financing to middle-market businesses. Its forward dividend yield stands at nearly 9.2%. If you invested one-seventh of an initial $100,000 in the stock, it would provide an income of over $1,300 per year.
Source Fool.com