Got $5,000 to Invest? This High-Yielding Monthly Dividend Stock Could Turn It Into Nearly $350 of Annual Passive Income.
Investing money in high-yielding dividend stocks can be a great way to generate passive income. Their higher yields enable investors to earn more money from every dollar they invest. EPR Properties (EPR 2.38%) is a great option for those seeking a lucrative passive income stream. The real estate investment trust (REIT) currently has a dividend yield approaching 7%. It could turn a 350 of annual passive income at that rate. Even better, the REIT pays a monthly dividend, making ...