Love Passive Income? Here's How Much a $10,000 Investment in This Dividend REIT Could Make You
There are few things better than passive income. Getting paid month after month and year after year without having to work for it is a pretty magical thing. One of my favorite ways to earn passive income is by investing in real estate investment trusts (REITs).
REITs are some of the best dividend stocks because their structure requires them to pay 90% or more of their taxable income to shareholders as dividends. This leads to higher dividend returns, more consistent payouts, and the bonus of diversification into real estate.
National Retail Properties (NYSE: NNN) is one of the most reliable dividend REITs. Right now, a $10,000 investment in the stock could net you roughly $480 in annual passive income. Here's a closer look at this dividend stock and why you might want to add it to your buy list.
Source Fool.com
