Reported 2 months ago
While many invest in real estate for passive income, the article argues that true passive income comes from dividend stocks. Philip Morris International (NYSE: PM) stands out as a top choice, offering a 4.5% yield, meaning a $25,000 investment could generate $1,000 annually. Despite challenges, the company is investing heavily in alternative nicotine products, which show rapid growth potential, and it is expected to sustainably increase dividends over time, making it a compelling long-term investment.
Source: YAHOO