JEPI - 3 Dividend Stocks That Are Coiled Springs for a Lifetime of Passive Income
2024-05-08 06:15:00 ET
There are plenty of ways to generate passive income, from risk-free assets to bonds to income from rental properties. But one of the simplest and most effective means of generating income is to invest in dividend stocks , while provide passive income without the need to sell an asset, while also allowing you to participate in the stock market.
Finding a company that can grow in value while distributing dividend payments is a dream come true for long-term investors. And that's exactly what Microsoft (NASDAQ: MSFT) and Air Products and Chemicals (NYSE: APD) are.
Meanwhile, the J.P. Morgan Equity Premium Income ETF (NYSEMKT: JEPI) yields a whopping 7.6% and includes exposure to top companies from Amazon to ExxonMobil . Here's what makes Microsoft, Air Products, and the J.P. Morgan Equity Premium Income ETF worth buying now.
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3 Dividend Stocks That Are Coiled Springs for a Lifetime of Passive Income