Want $1,400 in Annual Dividend Income? Invest $25,000 in Either of These High-Yielding Stocks
Dividend investing doesn't always excite everyone, but it's a great way to create a nice stream of passive income that can help you get rich slowly. It's also helpful to have some nice dividend-yielding stocks during some of the market volatility we've been experiencing over the past few months. Here are two stocks that could earn you at least $1,000 in annual income if you invest $25,000.
New York Community Bancorp (NYSE: NYCB) is a large regional bank with nearly $60 billion in assets. The bank will probably get a lot bigger, as it intends to acquire the Michigan-based Flagstar Bancorp, which will propel the institution to roughly $87 billion of assets. New York Community Bancorp has been out of favor with investors for a while, with the stock down more than 23% over the last five years.
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Source Fool.com
