Invest $51,000 in 3 High-Yield Dividend Stocks for $3,000 in Passive Income

Reported 3 months ago

This article from Motley Fool suggests investing in three high-yield dividend stocks, AT&T, Gilead Sciences, and JPMorgan Equity Premium Income ETF, to potentially generate $3,000 in annual passive income. AT&T offers a 5.9% dividend yield, Gilead Sciences provides a 4.35% yield, and the JPMorgan ETF boasts an 8% yield with unique strategies to manage risk and provide steady income. By investing $17,000 in each, investors can build a diversified income-generating portfolio for both cash flow and long-term growth potential.

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