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Want $500 in Passive Income This Year? Invest $10,121 in These 3 Dividend Stocks

Courtney Carlsen, The Motley Fool
·5-min read
Want $500 in Passive Income This Year? Invest $10,121 in These 3 Dividend Stocks

The catch, of course, is that you have to spend some money buying dividend-paying stocks in order to benefit from the passive income those stocks consistently generate. Three dividend stocks to consider are Blackstone (NYSE: BX), Artisan Partners Asset Management (NYSE: APAM), and Federal Realty Investment Trust (NYSE: FRT). With an average yield of 4.94% between the three at the moment, a $10,121 investment split evenly between these three could net you $500 a year (before taxes).

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