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SWK - Down 20% to 65% 3 Surefire Passive-Income Powerhouse Stocks for 2023
Stanley Black & Decker Inc.
Investors operate on incentives. And when the risk-free 10-year Treasury rate is 3.4%, it's natural for investors to demand a little extra yield from their income stock portfolio.
Investing in equal parts of Stanley Black & Decker (NYSE: SWK) , ABB (NYSE: ABB) , and Kinder Morgan (NYSE: KMI) produces a dividend yield of 4.4% and grants exposure to three excellent companies. Here's why each stock is a great buy for 2023 and beyond.