Want $25,000 in Passive Income? Buy These 3 Dependable Dividend Stocks and Wait 5 Years
Investing in companies that pay dividends is a great way to earn passive income.
However, not all dividend stocks are the same. Some companies have enticingly high dividend yields, but those can be risky investments as high dividends that aren't based on underlying profit growth could become unsustainable over extended periods.
If you're looking for a dependable passive income stream, you'll want to seek high-quality companies with solid fundamentals and strong capital management. Such companies increase their dividend payouts based on steady earnings growth. Investing in stable dividend growers allows you to ride out the highs and lows across economic cycles.
Source Fool.com
