Want $10,000 in Annual Dividend Income? Invest $134,200 in These Ultra-High-Yield Stocks
Morgan Stanley's chief executive officer James Gorman was the latest prominent executive to warn of a coming recession, saying at a June 13 financial conference, "It's possible we go into recession, obviously, probably 50-50 odds now."
Ultra-high-yield dividend stocks can be a good place to run for cover during turbulent markets. This is because these stocks could beat the broader market and provide steady income to their shareholders in bear markets. Investors with an extra $134,200 in capital lying around to evenly split between these two quality income stocks could generate growing five-figure annual dividend income in the years ahead.
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Source Fool.com
