Forget Rental Properties: Invest $10,000 Into These Dividend Growth Stocks With Ultra-High Yields for Passive Income – MSN

Looking to invest $10,000 for passive income? Forget about rental properties and consider investing in dividend growth stocks with ultra-high yields instead. These stocks can provide you with a steady stream of income without the hassle of managing rental properties.

Dividend growth stocks are companies that have a track record of increasing their dividends over time. By investing in these stocks, you can benefit from both capital appreciation and dividend income. Additionally, stocks with ultra-high yields offer investors the opportunity to earn a higher return on their investment.

When choosing dividend growth stocks, it is important to look for companies with a strong track record of increasing dividends and a stable business model. Some examples of companies that fit this criteria include Johnson & Johnson, Procter & Gamble, and Coca-Cola.

By investing in dividend growth stocks with ultra-high yields, you can build a diversified portfolio that generates passive income for years to come. So if you have $10,000 to invest, consider putting it into these types of stocks for a reliable source of income.