Open in App
  • U.S.
  • Election
  • Newsletter
  • 24/7 Wall St.

    Want $4,000 in Passive Income? Invest $3,000 Each Into These 10 Dividend Stocks

    By Lee Jackson,

    20 hours ago

    This post includes affiliate links. If you purchase anything through these affiliated links, 247wallst.com may earn a commission.

    https://img.particlenews.com/image.php?url=3RpHAv_0uVMDmqD00

    24/7 Insights

    According to the Internal Revenue Service (IRS), passive income generally includes earnings from rental activity or any trade or business in which the individual does not materially participate. It can also include income from limited partnerships and other similar enterprises where the individual is not actively involved.

    Our 24/7 Wall passive income stock research database is a reliable source of the best investment ideas. We have identified 10 ultra-high-yield stocks that can be purchased for just $3,000 each, for a total of $30,000, yet have the potential to generate a stunning $4,000 in passive income, which is a massive 13.33% on invested capital. It should be noted that this passive income portfolio is only suitable for those with a higher risk tolerance.

    AGNC Investment

    https://img.particlenews.com/image.php?url=3kYFzh_0uVMDmqD00 AGNC Investment provides private capital to the housing market in the United States.

    This company has paid solid monthly dividends for years; its current yield is 14.76%. AGNC Investment Corp. ( NASDAQ: AGNC ) is a real estate investment trust (REIT) in the United States.

    The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency.

    $3,000 buys 310 shares, which will pay $1.44 per year. That equals $446 in passive income.

    Annaly Capital Management

    https://img.particlenews.com/image.php?url=0kkpKn_0uVMDmqD00 Annaly Capital Management is one of the largest mortgage real estate investment trusts.

    This mortgage REIT has been around for years and is a top-income idea paying a vast 12.97% dividend. Annaly Capital Management Inc. ( NYSE: NLY ) is a diversified capital manager in mortgage finance and corporate middle-market lending.

    The company invests in:

    • Agency mortgage-backed securities
    • Mortgage servicing rights
    • Agency commercial mortgage-backed securities,
    • Non-agency residential mortgage assets
    • Residential mortgage loans
    • Credit risk transfer securities
    • Corporate debts and other commercial real estate investments

    $3,000 will purchase 150 shares that pay $2.60 a year. That comes to $390 in passive income.

    Arbor Realty Trust

    https://img.particlenews.com/image.php?url=299KJr_0uVMDmqD00 Arbor Realty Trust offers nationwide solutions for multifamily finance.

    This company trades at a ridiculous 8.1 times estimated 2024 earnings and pays a massive 12.47% dividend. Arbor Realty Trust ( NYSE: ABR ) invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the United States.

    The company operates in two segments:

    • Structured Business
    • Agency Business

    Arbor Realty Trust primarily invests in:

    • Bridge and mezzanine loans, including junior participating interests in first mortgages
    • Preferred and direct equity and real estate-related joint ventures
    • Real estate-related notes
    • Various mortgage-related securities

    $3,000 will scoop up 212 shares, which will pay a $1.72 dividend each year. That translates to $365 in passive income.

    BrightSpire Capital

    https://img.particlenews.com/image.php?url=3KF07A_0uVMDmqD00 BrightSpire Capital is focused on originating, acquiring, financing, and managing a diversified portfolio of commercial real estate debt and net lease real estate investments.

    Paying a massive 13.58% dividend, this company could be a total return home run. BrightSpire Capital Inc. ( NYSE: BRSP ) operates as a commercial real estate (CRE) credit real estate investment trust in the United States and Europe.

    The company operates through:

    • Senior and Mezzanine Loans and Preferred Equity
    • Net Leased and Other Real Estate
    • Corporate and Other segments

    $3,000 secures 514 shares, which pay $0.80 per year. That equals $412 per year in passive income.

    Dynex Capital

    https://img.particlenews.com/image.php?url=3LpDWh_0uVMDmqD00 Dynex is an internally managed mortgage real estate investment trust (REIT) that invests in mortgage-backed securities.

    Paying a hefty 13.24% dividend, Dynex Capital Inc. ( NYSE: DX ) is a passive income champion for more aggressive investors. It is a mortgage real estate investment trust that invests in mortgage-backed securities (MBS) on a leveraged basis in the United States.

    It invests in agency and non-agency mortgage-backed securities (MBS), including residential, commercial, and interest-only securities.

    Agency MBS has a guarantee of principal payment by a U.S. government agency or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac.

    $3,000 will buy 254 shares that pay $1.56 per share every year. That totals $396 of passive income.

    Ellington Financial

    https://img.particlenews.com/image.php?url=3Xf7Yg_0uVMDmqD00 Ellington has been at the forefront of data-driven investing since its founding in 1994.

    This quality mortgage REIT company is a favorite across Wall Street and pays a massive 13.32% monthly dividend. Ellington Financial Inc. ( NYSE: EFC ), through its subsidiary, Ellington Financial Operating Partnership, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States.

    The company develops and manages residential mortgage-backed securities (RMBS) backed by:

    • Prime jumbo
    • Alt-A, manufactured housing, and subprime residential mortgage loans
    • RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity
    • Residential mortgage loans
    • Commercial mortgage-backed securities
    • Commercial mortgage loans and other commercial real estate debt

    $3,000 will grab 248 shares that pay $1.56 per year. That totals $387 in passive income.

    FS KKR

    https://img.particlenews.com/image.php?url=1mABeT_0uVMDmqD00 FS KKR is a publicly traded BDC that provides customized credit solutions to private middle-market U.S. companies.

    This is a well-known name on Wall Street, and it offers a solid entry point at current levels, and pays a staggering 15.46 dividend. FS KKR Capital Corp. ( NASDAQ: FSK ) is a business development company specializing in investments in debt securities. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments.

    The company also seeks to invest in:

    • First-lien senior secured loans
    • Second-lien secured loans
    • Subordinated loans
    • Mezzanine loans

    $3,000 will buy 154 shares that pay a $2.80 dividend every year. That equals $431 in passive income.

    Mach Natural Resources

    https://img.particlenews.com/image.php?url=3oDLnv_0uVMDmqD00 Mach Natural Resources is an independent upstream oil and gas company that acquires, develops, and produces oil, natural gas, and NGL.

    This 2023 IPO is trading below the initial price and will pay a reported gigantic 15.46% dividend based on estimates for the rest of the year. Mach Natural Resources L.P. ( NYSE: MNR ) is an independent upstream oil and gas company focused on the acquisition, development, and production of oil, natural gas, and natural gas liquids reserves in the Anadarko Basin region of Western Oklahoma, southern Kansas, and the Texas panhandle.

    $3,000 will purchase 153 shares that pay a $3 dividend yearly. That equals $461 in passive income.

    Five Smartest Dividend Tech Stocks to Buy With $500 Right Now

    Petrobras

    https://img.particlenews.com/image.php?url=0HByAQ_0uVMDmqD00 Petrobras is a state-owned Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro.

    This is a top energy company in Brazil that pays a gigantic 14.47% dividend. Petróleo Brasileiro S.A. ( NYSE: PBR ) explores, produces, and sells oil and gas in Brazil and internationally.

    The company operates through:

    • Exploration and Production
    • Refining
    • Transportation and Marketing
    • Gas and Power

    It also engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, shale or other rocks, and oil products, natural gas, and other liquid hydrocarbons.

    $3,000 will buy 213 shares that pay $2.07 per year. That equals $441 in passive income.

    Trinity Capital

    https://img.particlenews.com/image.php?url=0sTo5F_0uVMDmqD00 Trinity Capital is a provider of venture debt financing for high-growth venture capital-backed startups.

    Based in Phoenix, this business development company pays a massive 13.69% dividend. Trinity Capital Inc. ( NASDAQ: TRIN) is a venture capital firm specializing in venture debt to growth-stage companies looking for loans and equipment financing.

    The company is an internally managed business development company and a leading provider of diversified financial solutions to growth-stage companies with institutional equity investors.

    Trinity Capital's investment objective is to generate current income and, to a lesser extent, capital appreciation through investments, including term loans, equipment financings, and equity-related investments.

    $3,000 will secure a purchase of 206 shares, which pay $2.04 per year. That equals $422 in passive income.

    Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

    Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

    Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

    Click here now to get started.

    Expand All
    Comments / 0
    Add a Comment
    YOU MAY ALSO LIKE
    Most Popular newsMost Popular
    The Motley Fool21 hours ago
    24/7 Wall St.20 hours ago

    Comments / 0