Invest $9,555 in These 2 High-Yield Dividend Stocks for $100 Monthly Income

Reported about 1 month ago

This article suggests that investors looking for consistent monthly dividend income can achieve $100 by investing $9,555 equally in two high-yield dividend stocks: AGNC Investment and PennantPark Floating Rate Capital. AGNC offers a yield of 13.97% and benefits from expected declining interest rates, while PennantPark yields 11.15% and capitalizes on high returns from debt securities in small-cap businesses. Overall, these stocks represent a potentially lucrative opportunity for dividend-focused investors.

Source: YAHOO

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