3 Unstoppable Dividend Stocks Yielding More Than 3% to Buy Now
American Electric Power(AEP) The Motley Fool·2024-11-08 20:30
These passive income powerhouses use dividends to pass along profits directly to shareholders.Some investors target a certain yield to help supplement income in retirement or achieve passive income goals. Others may simply be looking for a yield that is considerably above the 1.3% available from a low-cost S&P 500 exchange-traded fund (ETF) like the Vanguard S&P 500 ETF.Yields come down when stock prices outpace dividend growth rates, which has been the case across many stock market sectors, given the broad ...