High-Yield Dividend Stocks Offer $60 Annual Passive Income on $1,000 Investment
Investors seeking passive income in August may find opportunity in high-yield dividend stocks. A $1,000 allocation split between EPR Properties (6.42% yield) and Vici Properties (5.29% yield) could generate nearly $60 in annual dividend income.
EPR Properties, a real estate investment trust specializing in experiential properties, maintains stable cash FLOW through long-term triple net leases. The REIT's projected $5-$5.16 per share in funds from operations comfortably covers its $3.54 annual dividend payout.
Vici Properties complements this income strategy with its own REIT structure, though the article cuts off before detailing its fundamentals. The combined 5.85% yield from these two stocks presents a traditional income alternative to cryptocurrency volatility.
