High-Yield Dividend Stocks and ETF Offer $1,000+ Annual Passive Income from $28,000 Investment
Dividend stocks and ETFs with high yields remain a compelling avenue for generating passive income, particularly when market returns fluctuate. ExxonMobil (XOM) and Whirlpool (WHR), alongside the Vanguard Utilities ETF (VPU), present a trio of options capable of yielding over $1,000 annually from a $28,000 investment split equally among them.
ExxonMobil's decades-long dividend growth trajectory underscores its reliability, while Whirlpool and VPU add diversification. This approach prioritizes income stability over short-term market outperformance, aligning with long-term financial goals like retirement supplementation.