Reported 2 months ago
To generate an annual dividend income of $1,000, consider investing $11,300 in three high-yield stocks: Pfizer, PennantPark Floating Rate Capital, and Ares Capital. These stocks currently offer an average yield of 8.9%, with Pfizer providing a 5.8% yield, PennantPark offering an impressive 11.4%, and Ares Capital at 9.5%. Given the current market adjustments, this could be an advantageous opportunity to purchase these dividend-paying stocks, which are expected to continue growing their payouts in the future.
Source: YAHOO