D - Willing to Take on More Risk? These Big-Time Dividend Stocks Could Turn $7500 Into More Than $1000 of Annual Income.
2024-03-03 10:15:00 ET
High-yield dividend stocks are typically riskier than their lower-yielding peers. The underlying companies usually have high dividend payout ratios, which doesn't leave much room for error. If something goes wrong, they might need to cut their dividends.
But if things go right, they can be very rewarding by supplying investors with lots of income. For example, a $7,500 investment spread across three high-yield dividend stocks could provide investors with more than $1,000 of annual passive income:
Dividend Stock
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Willing to Take on More Risk? These Big-Time Dividend Stocks Could Turn $7,500 Into More Than $1,000 of Annual Income.