Want $4,000 per Year in Monthly Passive Income? Invest Just $2,500 in These Dividend Stocks

• Eagle Point Credit (ECC) generated $52M successful full concern income successful Q3 and offers a 29.79% guardant yearly dividend yield.

• Horizon Technology Finance has originated $3.8B successful task loans to implicit 360 companies and pays a 20.5% guardant yearly dividend yield.

• YieldMax single-stock ETFs for Microsoft (MSFO), Exxon Mobil (XOMO), and PayPal (PYPY) connection expected yearly organisation rates ranging from 38.02% to 52.69%.

• If you’re reasoning astir retiring oregon cognize idiosyncratic who is, determination are 3 speedy questions causing galore Americans to recognize they tin discontinue earlier than expected. instrumentality 5 minutes to larn much here

Do you request to beryllium a millionaire to gain $4,000 per twelvemonth with stocks and speech traded funds (ETFs)? Not astatine all, and successful fact, you whitethorn beryllium capable to execute this extremity with $2,500 investments successful a prime radical of assets. Plus, you'll person currency payouts astatine slightest erstwhile a period and, to a definite extent, erstwhile a week.

The program is to place a mates of high-paying stocks that wage dividends connected a monthly basis. Then, we tin adhd 3 mega-yield ETFs that wage play truthful you tin support your monthly income stream.

Here's however the mathematics could work. If you put $2,500 successful 5 assets, that's $12,500 successful total. To get $4,000 per twelvemonth successful dividends/distributions, you'll request an mean output of astatine slightest $4,000 / $12,500 oregon 32%. That's ambitious and you'll person to judge a reasonably precocious hazard level, but if that's not a woody breaker for you, past we'll uncover the 5 high-yield picks close now.

The archetypal banal prime contiguous is Eagle Point Credit Company (NYSE:ECC), an concern steadfast that chiefly specializes successful collateralized loans. The institution has a way grounds of paying dividends each and each month, and plans to proceed this signifier into 2026.

For this year's 3rd quarter, Eagle Point Credit Company generated GAAP nett income (inclusive of unrealized mark-to-market gains) totaling $15.5 million. This includes $52 cardinal successful full concern income, and astatine the moment, it doesn't look that Eagle Point Credit Company volition person immoderate problems paying its monthly dividends.

Believe it oregon not, Eagle Point Credit Company's guardant yearly dividend output is 29.79%. This is uncommon among idiosyncratic stocks, and the monthly distributions sweeten the woody adjacent more.

The 2nd banal prime is Horizon Technology Finance Corp. (NASDAQ:HRZN), a lending steadfast that provides "structured indebtedness products to beingness subject and exertion companies." Impressively, Horizon Technology Finance Corp. has "directly originated and invested" $3.8 cardinal worthy of task loans to implicit 360 "growing companies."