Want an Extra $500 in Annual Dividend Income? Invest $5,890 in These 3 High-Yield Dividend Stocks.
Investors eager to bulk up their passive income streams can do so without breaking the bank.
At recent prices, Hercules Capital (NYSE: HTGC), Altria Group (NYSE: MO), and (NYSE: T) offer an average yield of 8.5% at recent prices. That's high enough to turn an initial investment of $5,890 into $500 of annual dividend income.
There are plenty of dividend stocks with even higher yields right now. These three stand out because their underlying businesses appear capable of meeting their current obligations and raising their yields higher in the years ahead.
Source Fool.com