"Maximizing Passive Income: Investing $50,000 in Ultra-High Dividend Yield Stocks"

1 min read
Source: The Motley Fool
"Maximizing Passive Income: Investing $50,000 in Ultra-High Dividend Yield Stocks"
Photo: The Motley Fool
TL;DR Summary

Real estate investing may not be as passive as claimed, prompting the suggestion to consider investing in dividend stocks for passive income. Altria Group and British American Tobacco are highlighted as potential options, with dividend yields of 8.58% and 9.37% respectively. A $50,000 investment in these stocks could potentially generate around $4,500 in annual passive income, offering an alternative to the work-intensive nature of maintaining rental properties.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

3 min

vs 4 min read

Condensed

91%

75867 words

Want the full story? Read the original article

Read on The Motley Fool