Got $1,000? These 2 High-Yielding Dividend Stocks Could Turn It Into Nearly $65 of Passive Income in 2025.
Investing in high-yielding dividend stocks can be a great way to generate some passive income in 2025. Now is an excellent time to buy them because many higher-yielding stocks have sold off following the Federal Reserve’s recent decision to slow the pace of interest rate reductions next year. As a result, they now offer even higher dividend yields.
For example, Enbridge (NYSE: ENB) and W. P. Carey (NYSE: WPC) currently have dividend yields of around 6.4% following the recent dip in their share prices. That’s significantly higher than the S&P 500‘s (SNPINDEX: ^GSPC) dividend yield (around 1.2%). Because of that, a $1,000 investment split between these higher-yielding stocks could generate nearly $65 in dividend income next year. Here’s a closer look at what makes them appealing income options other than their higher yields.
Enbridge has an exceptional record of paying dividends. The Canadian pipeline and utility company has paid dividends for nearly 70 years. Meanwhile, 2025 will be its 30th consecutive year of increasing its payment.
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