Want $500 in Dividend Income This Year? Invest $10,000 in These Top Stocks
The start of a new year can be a good time for investors to reevaluate their financial goals. Some might want to add quality dividend stocks for the income potential they can offer. The safest route is to look for solid businesses that have stood the test of time and sell products that people use every day.
It doesn't matter how much money you have to invest, but we'll look at three stocks that can pay you nearly $500 this year, with a total investment of $10,000 by you.
Coca-Cola (NYSE: KO) has been around for over a century and has increased its dividend for 62 consecutive years. The company benefits from a capital-light business model of turning syrups into carbonated beverages, and it generates profits like there's no tomorrow. It currently pays a dividend yield of 3.10% -- more than double the S&P 500 average of 1.47%.
Source Fool.com
