Investing $100,000 in These Top Dividend Stocks Could Generate $3,300 in Passive Income
Buying shares of quality dividend stocks can add tangible returns to your portfolio every year. In fact, 84% of the S&P 500's total return since 1960 came from reinvesting dividends and compound interest, according to a study by Hartford Funds.
To help you boost your average dividend yield on your investment portfolio, three Motley Fool contributors recently selected Kraft Heinz (NASDAQ: KHC), Kimberly-Clark (NYSE: KMB), and McDonald's (NYSE: MCD). Splitting $100,000 across these stocks would yield annual income of $3,323.
These stocks pay above-average yields ranging from 2.2% to 4.2% and are relatively safe choices for the bearish environment.
Source Fool.com
