Are you looking to add some passive-income stocks to your portfolio this October? Look no further! Here are two top picks to consider loading up on:
1. Realty Income (NYSE: O) – Known as “The Monthly Dividend Company,” Realty Income is a real estate investment trust that specializes in single-tenant commercial properties. With a diverse portfolio of tenants and consistent rental income, Realty Income offers investors a reliable source of passive income. Plus, the company has a track record of increasing its dividend payouts, making it a solid choice for long-term investors.
2. Johnson & Johnson (NYSE: JNJ) – As a leading healthcare company, Johnson & Johnson has a strong history of generating consistent profits and rewarding shareholders with dividends. With a diverse product portfolio that includes pharmaceuticals, medical devices, and consumer health products, J&J is well-positioned to weather market volatility. In addition to its stable dividend payments, the company has a solid balance sheet and a track record of innovation, making it a solid choice for investors looking for passive income.
Consider adding Realty Income and Johnson & Johnson to your investment portfolio this October for reliable passive income streams.