Want an Extra $100 in Annual Dividend Income? Invest $1,320 in These 3 High-Yield Stocks
Would you like to widen the stream of passive income you can expect each year? Managing rental property is an option, but most retirees find this method less passive than they would like it to be.
Investors who are attracted to truly passive income generation may want to consider AT (NYSE: T), PenantPark Floating Rate Capital (NYSE: PFLT), and (NYSE: PFE). They offer an average yield of 7.6% at recent prices, so about $1,320 spread evenly among them is enough to set yourself up with $100 in annual dividend income.
Source Fool.com
Pfizer Inc. Stock
The stock is one of the favorites of our community with 29 Buy predictions and 4 Sell predictions.
As a result the target price of 41 € shows a very positive potential of 56.82% compared to the current price of 26.15 € for Pfizer Inc..