Reported 16 days ago
Many investors seek passive income, often considering rental properties, but managing them can be time-consuming. Instead, the article suggests investing in high-dividend-yield stocks such as Altria Group and British American Tobacco. Altria offers a 7.83% yield, translating to $783 annually on a $10,000 investment, while British American Tobacco provides an even higher 8.21% yield, or $821 annually. Both companies have maintained earnings and free cash flow despite market challenges, making them attractive options for generating passive income.
Source: YAHOO