Reported 8 months ago
By investing an average of $440 each in AT&T, PenantPark Floating Rate Capital, and Pfizer, which collectively offer a 7.6% yield, investors can expect an annual dividend income of $100. These stocks may not see rapid dividend increases in the short term, but they have the potential to maintain and significantly grow their payouts over the long run. AT&T is improving profitability after substantial 5G investments, while PennantPark serves as a lender to middle-market businesses and Pfizer anticipates a boost in earnings from new drug approvals.
Source: YAHOO