8 thoughts on “The Best Dividend Stocks to Buy for Passive Income

  1. I understand dividend stocks are safe. But the return seems incredibly low. It seems to me I’ll be better off to feed more money into NVDA or TTD I appreciate the responses. Matt

  2. I guess I don’t understand dividends. A share of VOO costs 360.00+/-. The current quarterly dividend is 1.43. So…with a share of 360.00, in a quarter, you are rewarded with a dollar and forty three cents? Is that how it works? If so, I can’t see the point. Would you please explain? Thank you! Matt

    1. Hi Matt, that is correct- but the value of that dividend tends to fluctuate (higher during a bull market and lower during a bear market). When you look at building a long-term portfolio you are looking to amount thousands of shares per each dividend paying asset to get the most out of it, especially when creating an income tool. For example, VOO paid $5.65 per share last year, that’s $565 in passive income for someone who held 100 shares, or $5,650 in passive income for someone who held 1,000 shares in their portfolios. And keep in mind, payouts are quarterly. It’s a long-term investing strategy that definitely beats planting funds in a bank.

    2. Dividends are pretty much safe (nothing is guaranteed) and a long term approach to build finances. Nobody knows when this market will hit bottom but it’s great to dollar cost average (DCA) now.

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