Want to Gain $1,000 in Annual Dividend Income? Invest $11,900 in These 3 High-Yield Dividend Stocks.
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Investors can receive a 9.5% yield from Ares Capital, a business development company with an investment-grade credit rating. Altria Group has raised its dividend every year for over a century, and it's offering a yield above 9% right now. AT&T, as a member of America's lucrative telecom oligopoly, can produce steadily growing cash flows to share with investors. Altria Group markets the Marlboro brand in the U.S. and has raised its dividend payout 58 times over the past 54 years. Ares Capital is an established business development company with an average yield of 12.4% on its debt and other income-producing securities. AT&T offers a dividend yield of 6.2% and is experiencing steady growth in mobility service and broadband revenue. These three stocks, with a total investment of $11,900, can secure $1,000 in annual dividend income. Altria Group, Ares Capital, and AT&T have the potential to raise their dividend payments in the future.

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https://www.fool.com/investing/2024/02/04/want-to-gain-1000-in-annual-dividend-income-invest/