Got $1,000? Here are 3 outstanding high-yield dividend stocks to consider purchasing immediately for a possible lifetime of passive income.

Reported 5 months ago

Investing in real estate through Real Estate Investment Trusts (REITs) is highlighted as an excellent way to generate passive income, even with minimal initial investment. Three recommended high-yield dividend stocks include Realty Income (NYSE: O), Agree Realty (NYSE: ADC), and Vici Properties (NYSE: VICI), all with strong records of paying dividends, attractive yields, and potential for income growth. Realty Income, for example, recently declared its 647th consecutive monthly dividend and offers an annual dividend income of around $58 for every $1,000 invested. Agree Realty and Vici Properties also show strong dividend growth potential due to their stable rental incomes and strong balance sheets.

Source: YAHOO

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