Reported 11 months ago
When building a passive income portfolio, it is essential to focus on dividend yield when choosing stocks. T. Rowe Price (NASDAQ: TROW) and Agree Realty (NYSE: ADC) are highlighted as reliable dividend payers likely to continue paying attractive dividends. On the other hand, Annaly Capital Management (NYSE: NLY) is advised to be avoided due to its poor dividend track record. T. Rowe Price offers a solid foundation with 39 consecutive annual dividend increases and no long-term debt, providing a 4.1% yield. Agree Realty, a fast-growing REIT, rewards investors with a 4.8% yield and steady dividend growth, making it an attractive investment option.
Source: YAHOO