3 Dividend Stocks To Get You Started
Where To Start...
Canadian businessman Kevin O’Leary has stated he would “never own a stock that doesn’t pay dividends”. Getting started is the hard part about anything. So, if you’re looking for 3 stocks to start, I got you covered.
Verizon (VZ)
Ares Capital (ARCC)
VICI Properties (VICI)
All 3 of these companies pay dividends with yields above 5%. They also have strong fundamentals with cash flows that safely cover their dividends.
VZ is one the largest telecom companies in the world. ARCC is the largest BDC by market cap and is required by law to distribute most of its income in the form of dividends. VICI is one of the largest REITs and is also required by law to pay out most of its income in dividends.
Investing $10,000 into each of these companies would currently give you around $2,077 annually. While it may not sound like much, these could be used to fund vacations, help with healthcare expenses, or pay property taxes at the end of the year. I’m not saying you have to buy these companies, but they are a great place to start.
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