Got $4,000? These 4 Dividend Stocks Could Turn It Into Nearly $200 of Annual Income in 2024.
Investing in dividend-paying stocks can be a great way to generate passive investment income. Many companies pay attractive dividends, enabling investors to turn idle cash into an income stream.
Brookfield Renewable (NYSE: BEPC)(NYSE: BEP), Stag Industrial (NYSE: STAG), Kinder Morgan (NYSE: KMI), and Kenvue (NYSE: KVUE) stand out as excellent dividend stocks. They offer high-yielding payouts that they should have no problem increasing in the future. At their current payout rates, they could turn $4,000 into almost $200 of passive income next year:
Source Fool.com
Brookfield Corp. Stock
We see a rather positive sentiment for Brookfield Corp. with 14 Buy predictions and 1 Sell predictions.
As a result the target price of 42 € shows a slightly positive potential of 10.53% compared to the current price of 38.0 € for Brookfield Corp..