3 Top High-Yield Dividend Stocks I Plan to Buy in March for More Passive Income

Generating passive income is a core aspect of my financial strategy. My goal is to eventually produce enough recurring investment income to cover my basic living expenses. I try to make progress toward that goal each month by investing more money in income-generating investments like high-yielding dividend stocks. This March, I plan to buy several, including PepsiCo (NASDAQ: PEP), Johnson & Johnson (NYSE: JNJ), and Prologis (NYSE: PLD). Here's why I can't wait to add to my position in this income-generating trio.PepsiCo currently has a 3.5% dividend yield, more than double the S&P 500's 1.3%. Because of this, every $100 I invest in PepsiCo stock will produce about $3.50 of annual dividend income, compared to around $1.20 of dividends per year from an S&P 500 index fund.Continue reading

Mar 2, 2025 - 13:41

3 Top High-Yield Dividend Stocks I Plan to Buy in March for More Passive Income

Generating passive income is a core aspect of my financial strategy. My goal is to eventually produce enough recurring investment income to cover my basic living expenses.

I try to make progress toward that goal each month by investing more money in income-generating investments like high-yielding dividend stocks. This March, I plan to buy several, including PepsiCo (NASDAQ: PEP), Johnson & Johnson (NYSE: JNJ), and Prologis (NYSE: PLD). Here's why I can't wait to add to my position in this income-generating trio.

PepsiCo currently has a 3.5% dividend yield, more than double the S&P 500's 1.3%. Because of this, every $100 I invest in PepsiCo stock will produce about $3.50 of annual dividend income, compared to around $1.20 of dividends per year from an S&P 500 index fund.