Top Dividend Stocks to Boost Your Income in 2025

Investing $11,400 in high-yield stocks like Pfizer, PennantPark Floating Rate Capital, and Ares Capital can generate $1,000 in annual dividend income by 2025. These stocks offer an average yield of 8.8%, providing a passive income stream without the responsibilities of rental properties. Pfizer, despite challenges like declining COVID-19 sales and upcoming patent expirations, continues to grow its revenue and has a strong pipeline of new drugs. PennantPark, a business development company, benefits from high yields on its debt investments to mid-sized businesses.