Want to Collect $2,500 in Dividends Every Year? Invest $13,000 Into Each of These 3 Stocks

• The stocks connected this database are each successful antithetic sectors of the system and tin assistance diversify your portfolio.

• They person been reliable dividend stocks to ain for years and connection investors charismatic yields.

• 10 stocks we similar amended than Verizon Communications ›

Who doesn't emotion immoderate dividend income? It tin beryllium a large mode to adhd currency travel that you tin usage to either wage bills, money a trip, oregon conscionable to adhd to your savings. Dividend stocks tin beryllium bully investments for each types of investors to consider.

If you privation to make astir $2,500 successful dividends per year, you tin execute that by investing $13,000 into each of the pursuing high-yielding stocks: Verizon Communications (NYSE: VZ), United Parcel Service (NYSE: UPS), and Enbridge (NYSE: ENB). Together, these stocks tin diversify your portfolio and bring successful plentifulness of dividend income for your portfolio for years to come. They each output acold much than the 1.1% that the S&P 500 averages.

Verizon has been a dependable dividend banal to ain for years. It yields 6.8%, and if you put $13,000 into the banal today, you could expect to cod astir $884 successful dividends implicit the people of a afloat year. Plus, Verizon has been expanding its dividend for 19 consecutive years, which makes it probable that the dividend income volition emergence successful the future.

Although investors aren't thrilled with Verizon's banal terms show implicit the past 5 years -- the banal is down much than 30% implicit that clip framework -- the institution is successful the midst of a restructuring nether caller CEO Dan Schulman, who precocious announced Verizon would beryllium laying disconnected implicit 13,000 employees.

It's a challenging clip for the concern arsenic it looks to reenergize its operations and absorption connected winning implicit customers, but astatine its core, Verizon is inactive a coagulated dividend stock. If Schulman is palmy successful getting the concern increasing again, you could perchance nett from not lone a ton of dividend income, but besides gains from the banal rising successful value.

Another struggling banal that offers a precocious payout contiguous is United Parcel Service. Its stock terms is down much than 40% successful the past 5 years. But with slowing economical conditions and present tariffs weighing down planetary trade, it's not astonishing that the banal hasn't precisely been a blistery buy.

Its payout ratio is simply a small implicit 100%, which tin beryllium concerning, but that should travel down arsenic it sheds costs. UPS is moving connected improving efficiency, and it precocious announced it would beryllium laying disconnected 48,000 workers this year. The institution prides itself connected its dividend, saying that it's 1 of the company's "core principles" and it boasts that it has either maintained oregon accrued its dividend each twelvemonth since 1999 (when it went public).