3 Top Dividend Stocks Yielding 5% or More to Buy Right Now to Boost Your Passive Income

Investing in dividend stocks is a great way to make some extra cash. The top ones pay a lucrative income stream that steadily rises, enabling you to turn idle cash into a growing stream of passive income. Four Corners Property Trust (NYSE: FCPT), VICI Properties (NYSE: VICI), and NNN REIT (NYSE: NNN) are three great income options. These real estate investment trusts (REITs) currently have dividend yields of 5% or more, which is much higher than the average dividend stock (the S&P 500's dividend yield is less than 1.5%). Those higher-yielding payouts, which should continue to grow, can provide a nice boost to your passive income. Four Corners Property Trust owns restaurants and other retail properties it net leases to tenants under long-term contracts (with a 7.3-year remaining term). That lease structure supplies it with very stable rental income because tenants cover all operating costs, including routine maintenance, real estate taxes, and building insurance. The REIT's steady cash flow supports its dividend, which currently yields around 5%.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool