3 Dividend Stocks With Yields Over 5% to Buy Now and Boost Your Passive Income Stream
The benefits of investing in dividend stocks can feel modest when the major market indexes are notching all-time highs. But the passive income they provide can be an excellent supplement to your finances no matter what equity prices are doing.With the S&P 500 (SNPINDEX: ^GSPC) yielding just 1.2%, investors will have to look beyond index funds if they want to generate meaningful levels amount of dividend income. If that's your goal, United Parcel Service (NYSE: UPS), Brookfield Renewable (NYSE: BEPC) (NYSE: BEP), and Conagra Brands (NYSE: CAG) stand out as dividend stocks to buy now.Image source: Getty Images.Continue reading
The benefits of investing in dividend stocks can feel modest when the major market indexes are notching all-time highs. But the passive income they provide can be an excellent supplement to your finances no matter what equity prices are doing.
With the S&P 500 (SNPINDEX: ^GSPC) yielding just 1.2%, investors will have to look beyond index funds if they want to generate meaningful levels amount of dividend income. If that's your goal, United Parcel Service (NYSE: UPS), Brookfield Renewable (NYSE: BEPC) (NYSE: BEP), and Conagra Brands (NYSE: CAG) stand out as dividend stocks to buy now.
Image source: Getty Images.
