2 No-Brainer High-Yield Stocks to Buy With $500 Right Now
If you are looking to generate some income and have as little as $500 to invest, you have options. Don't let the tiny little 1.2% yield on offer from the S&P 500 index put you off. If you are a safety-first kind of investor, the 5.6% dividend yield from Realty Income (NYSE: O) will likely interest you. If you are willing to take on a bit more risk, then the rapid dividend growth of Rexford Industrial (NYSE: REXR) will probably be to your liking. Here's a quick look at each of these high-yield stocks.The big story behind Realty Income is the real estate investment trust's (REIT's) three-decade-long streak of annual dividend increases. Within that streak, the company has increased its dividend every single quarter for 110 quarters. As if that wasn't enough, the dividend is paid monthly, so it is as close to a paycheck replacement (with regular quarterly raises) as you can get on Wall Street.Image source: Getty Images.Continue reading
If you are looking to generate some income and have as little as $500 to invest, you have options. Don't let the tiny little 1.2% yield on offer from the S&P 500 index put you off. If you are a safety-first kind of investor, the 5.6% dividend yield from Realty Income (NYSE: O) will likely interest you. If you are willing to take on a bit more risk, then the rapid dividend growth of Rexford Industrial (NYSE: REXR) will probably be to your liking. Here's a quick look at each of these high-yield stocks.
The big story behind Realty Income is the real estate investment trust's (REIT's) three-decade-long streak of annual dividend increases. Within that streak, the company has increased its dividend every single quarter for 110 quarters. As if that wasn't enough, the dividend is paid monthly, so it is as close to a paycheck replacement (with regular quarterly raises) as you can get on Wall Street.
Image source: Getty Images.
