Posted 2/24/2024, 10:09:00 AM
Generate Over $150 in Passive Income by Investing $2,500 in Dividend Stocks
- Invest $2,500 across dividend stocks like Kinder Morgan, Realty Income, and Brookfield Renewable to generate over $150 in annual passive income.
- These companies operate resilient infrastructure and real estate that produces steady cash flow to pay growing dividends.
- Kinder Morgan owns pipelines transporting 40% of US natural gas; has raised its dividend for 7 straight years.
- Realty Income is a REIT with 644 consecutive monthly dividends over 55 years; targets 4-5% annual dividend growth.
- Brookfield Renewable owns renewable energy assets under long-term contracts; targets 5-9% annual dividend growth.