Looking to Generate Passive Income? Consider These 3 Dividend Stocks
Stock market volatility is back, and many high-growth Nasdaq stocks are trading well below their recent highs. In this environment, many investors are looking to add some order to their portfolios by transitioning away from growth toward value, while others are simply looking to add some income investments to the mix.
If you're among them, consider 3M (NYSE: MMM), Brookfield Renewable (NYSE: BEPC) (NYSE: BEP), and Kinder Morgan (NYSE: KMI). Those three offer investors an average dividend yield of 4.3%, and each is a great income stock to buy now.
Image source: Getty Images.
Source Fool.com