The Smartest High-Yield Dividend Stocks to Buy With $500 Right Now

Everyone loves passive income. I mean, who wouldn't enjoy earning money while you sleep?Not literally, of course, but with dividend stocks. These are stocks of companies that distribute some of their profits to shareholders. While higher dividend yields mean more income for your money, it can be a yield trap when stock yields get too high.But not all high-yield stocks pose a danger to your portfolio. In fact, here are three stocks that currently yield between 4.2% and 5.5%. You can buy shares of all three for under $500, and they will likely continue delivering passive income for the foreseeable future.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool