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Got $1,000 to Invest This October? These Ultra-High-Yielding Dividend Stocks Could Turn It Into Almost $68 of Annual Passive Income.
The Motley Fool·2025-10-07 15:13

These companies can turn 1,000intoahighoctaneincomestreamthisOctober.Investingmoneyinhighyieldingdividendstockscanprovidepassiveincomethroughregulardividendpayments.Forexample,allocating1,000 into a high-octane income stream this October.Investing money in high-yielding dividend stocks can provide passive income through regular dividend payments. For example, allocating 1,000 into shares of the following two high-quality, high-yielding companies can generate an annual income stream of nearly 68:DividendStockInvestmentCurrentYieldAnnualDividendIncomeMPLX(MPLX0.6968:Dividend StockInvestmentCurrent YieldAnnual Dividend IncomeMPLX (MPLX -0.69%)500.007.70%38.50ClearwayEnergy(CWEN6.6638.50Clearway Energy (CWEN 6.66%) (CWEN.A 6.54%)500.005.84%29.20Total29.20Total1,000.00 ...