Live off dividends with these high Yielding investments
Do you dream of a life where you can sit back and relax, knowing that your bills and expenses are covered by the income generated from your investments? Well, you’re not alone! Many people have the same goal, and one way to achieve it is by investing in high-yielding dividend stocks.
Live off dividends with these high Yielding investments
Dividends are a portion of a company’s profits that are paid out to shareholders. Some companies pay dividends on a regular basis, and these payments can provide a steady stream of income for investors. In this post, we’ll take a look at some high-yielding investments that can help you live off dividends and achieve your financial goals.
AT&T (T)
Let’s start with AT&T, one of the largest telecommunications companies in the world. AT&T has been paying dividends for over 30 years, and currently has a dividend yield of around 7.5%. That means if you invest $10,000 in AT&T, you can expect to receive about $750 per year in dividend payments.
ExxonMobil (XOM)
ExxonMobil is one of the largest oil and gas companies in the world, with operations in more than 40 countries. Despite the recent volatility in oil prices, ExxonMobil has maintained its dividend payments and currently has a dividend yield of around 5.3%.
Altria Group (MO)
Altria Group is a tobacco company that has been paying dividends for over 50 years. While the tobacco industry may not be the most glamorous, Altria Group has a dividend yield of around 8.4%, making it one of the highest-yielding stocks in the market.
Realty Income (O)
Realty Income is a real estate investment trust (REIT) that specializes in owning and operating retail and commercial properties. The company has paid monthly dividends for over 50 years and currently has a dividend yield of around 4.5%.
Main Street Capital (MAIN)
Main Street Capital is a business development company that provides debt and equity financing to small and medium-sized businesses. The company has a dividend yield of around 5.8% and has consistently increased its dividend payments over the past few years.
Ares Capital Corporation (ARCC)
Ares Capital Corporation is another business development company that provides financing to middle-market companies. The company has a dividend yield of around 8.7% and has a track record of consistently increasing its dividend payments.
Before investing your hard-earned money
Investing in high-yielding dividend stocks can be a great way to generate passive income and achieve your financial goals. However, it’s important to remember that these stocks can also come with risks.
As with any investment, it’s important to do your research and make sure you understand the company’s business model, financials, and future prospects before investing your hard-earned money.
Consider diversification
In addition to researching individual stocks, it’s also important to consider diversification. Investing in a variety of high-yielding stocks can help spread your risk and ensure that your income stream is not overly reliant on one particular company or industry.
Conclusion
So, there you have it! Six high-yielding investments that can help you live off dividends and achieve financial independence. While these stocks may not be the most exciting, they can provide a steady stream of income that can help you achieve your goals and live the life you’ve always dreamed of. Happy investing!
You might also want to read Income streams explained and simplified
