The post Want $4,800 in Annual Passive Income? Invest $40,000 Into These 3 High Yield Dividend Stocks appeared first on 24/7 Wall St..
Quick Read
Generating $4,800 on $40,000 requires a 12% blended yield, and that is roughly double what mature dividend payers like Altria, Verizon, and Main Street Capital actually pay today.
You have $40,000 and want a monthly cash flow without selling principal. Splitting the money three ways gives roughly $1…