Want $500 in Annual Dividend Income? Invest $6,700 in These 2 High-Yielding Stocks
Income investing can be a strategy that gets investors through times of market volatility. While a stock's share price can swing from one extreme to another, the payout is often more stable by comparison. That can help investors maintain an ownership mindset rather than a trading mindset.
Ares Capital (NASDAQ: ARCC) and Digital Realty Trust (NYSE: DLR) are two businesses that appear to pay reasonably safe dividends. Investing $3,350 in each of these two stocks could generate $500 in starting annual passive income for investors.
What is a business to do if it can't secure financing through traditional means to expand its operations? This is a valid question, because there has been an approximately 50% decline in banks' share of middle market lending over the last 29 years. Increasingly, the needs of such companies are being fulfilled by business development companies (BDCs) such as Ares Capital.
Source Fool.com
