Best Dividend Stocks to Consider for Passive Income in April

Monday, 1 April 2024, 12:25

Investing in dividend stocks like Oneok, Verizon, and W.P. Carey can help you create a growing stream of passive income. With a $10,000 investment, you could earn $580 annually from these high-yielding stocks. These companies have a track record of increasing dividends, making them solid income-building blocks for your portfolio.
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Best Dividend Stocks to Consider for Passive Income in April

Your Pipeline to Passive Income

Oneok has been a model dividend payer, offering more than a 150% increase in payout over the past decade. With transformative acquisitions and organic growth projects, the company aims for steady dividend growth in the future.

A Cash-Gushing Machine

Verizon, known for its consistent dividend growth, has a strong cash flow position to support its expansion plans and dividend payments. Its focus on building a faster 5G network and cost optimization should drive future cash flow growth.

Resuming Growth After the Great Reset

W.P. Carey, after a payout cut, is refocusing on dividend growth by reinvesting in high-growth sectors. Its repositioned portfolio and financial strength aim to support a rising dividend in the long term.

Great Ways to Generate Passive Income

Investing in high-yielding dividend stocks like Oneok, Verizon, and W.P. Carey can kickstart your passive income journey with increasing payouts and potential growth.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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