All It Takes Is $1,000 Invested in Starbucks and Both of These 2 Dividend Stocks to Generate Over $110 in Passive Income Per Year
SBUXStarbucks(SBUX) The Motley Fool·2024-08-23 17:45

These stocks make up for their market underperformance with growing payouts.Starbucks (SBUX -0.38%) has been in the spotlight since poaching Chipotle CEO Brian Niccol. But even after the recent jump in the price, Starbucks stock is still down year to date while the broader indexes have posted impressive gains.Despite its lackluster performance, it has become a rock-solid dividend stock. So have United Parcel Service (UPS -0.83%) and American Electric Power (AEP 0.29%).Investing $1,000 into each stock should ...