Want $3,000 in Passive Income? Invest $15,000 Into These 3 High-Yield Dividend Stocks and Wait 4 Years.
Passive income is an idea we can all get behind. Investing in high-yield dividend stocks is a way of letting your hard-earned savings work for you without having to sell a stock. It's passive income at its best. And United Parcel Service (NYSE: UPS), Southern Company (NYSE: SO), and Enbridge (NYSE: ENB) are three high-yield dividend stocks worth buying now.
By investing $5,000 in each stock, an investor can expect to receive more than $3,000 in dividend income over the span of four years. Here's why each company has what it takes to continue rewarding shareholders with dividends for decades to come.
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Source Fool.com