Boost your passive income stream through thick and thin with these reliable dividend-paying stocks.
There are two main ways to generate returns from stocks — capital gains and dividends.
Capital gains result from how the market values a company, whereas dividends are paid directly by the company to its shareholders. Ideally, dividend investors want to see a company grow its earnings so that its value increases (capital gains) and it can afford to pay a higher dividend.
Target (TGT +0.91%), Chevron (CVX +1.08%), and Texas Instruments (TXN +1.77%) have been rewarding shareholders with growing dividends for decades. But all three stocks have lost value over the last three years, whereas the S&P 500 (^GSPC +0.54%) is up 66.5%.
By investing $7,500 into each high-yield dividend stock, you can expect to generate over $1,000 in annual dividends. Here’s why all three stocks are excellent…
