5 Safe Dividend Stocks Yielding Over 5% You Can Buy Without Hesitation Right Now for Passive Income
Higher-yielding dividend stocks can produce a lot of passive income. However, one drawback is that a higher dividend yield can be a warning sign that the payout is at risk of a reduction. That's not always the case. Here are five low-risk dividend stocks with yields above 5%, which is more than triple the S&P 500's sub-1.5% dividend yield. Because of their lower risk profiles, you can confidently buy these higher-yielding dividend stocks for passive income right now. Image source: Getty Images.Continue reading
Higher-yielding dividend stocks can produce a lot of passive income. However, one drawback is that a higher dividend yield can be a warning sign that the payout is at risk of a reduction.
That's not always the case. Here are five low-risk dividend stocks with yields above 5%, which is more than triple the S&P 500's sub-1.5% dividend yield. Because of their lower risk profiles, you can confidently buy these higher-yielding dividend stocks for passive income right now.
Image source: Getty Images.
