3 High-Yield Dividend Stocks That Can Deliver a Lifetime of Passive Income
HMCHonda Motor(HMC) The Motley Fool·2024-10-17 19:15

These three high-yield dividend stocks offer attractive valuations and potential for long-term income growth. Dividend investing can create substantial passive income over time. A conservative example illustrates this potential: Investing $10,000 annually for 40 years in a stock yielding 3.1% with 2.5% annual dividend growth could generate $44,316 in yearly dividend income. This strategy could also build a portfolio worth over $1.4 million, assuming normal market conditions. Selecting the right dividend sto ...