Investors love dividend stocks, especially the ultra-high yield variety, because they offer a significant income stream and have massive total return potential. Total return includes interest, capital gains, dividends, and distributions realized over time.
Passive income is characterized by its ability to generate revenue without requiring the earner’s continuous active effort, making it a desirable financial strategy for those seeking to diversify their income streams or achieve financial independence.
We screened our 24/7 Wall St. ultra-high-yield dividend stock universe, and six top stocks reign as the champions, and all have a spot in our hall of fame. All are rated Buy at leading Wall Street firms, making sense for those seeking dependable passive income streams.
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