Want $1,000 in Passive Income? Invest $10,000 in These 3 Unstoppable Dividend Stocks and Wait 4 Years
Market volatility is rising as the Nasdaq Composite is close to reentering a bear market while the S&P 500 finds itself back in correction territory. Investors looking at bruised and battered portfolios may find solace in passive income streams from quality companies.
Investing in equal parts of Brookfield infrastructure Partners (NYSE: BIP), Deere & Company (NYSE: DE), and ABB (NYSE: ABB) gives an investor an average dividend yield of 2.5% and exposure to infrastructure, agriculture, automation, and robotics. After a period of four years, an investor could expect a $10,000 investment to earn at least $1,000 in passive dividend income. Here's what makes each dividend stock a great buy now.
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Source Fool.com
