2 No-Brainer Dividend Stocks to Buy With $500 Right Now

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2 No-Brainer Dividend Stocks to Buy With $500 Right Now

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Published in Business and Finance on Sunday, January 26th 2025 at 6:21 GMT by MSN

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Are you looking for stocks with chunky yields that won't give you sticker shock with their prices? A good place to find such securities is in the real estate investment trust (REIT) sector. In order to maintain their REIT status,

2025-01-26 224 x 130 / 6407 Bytes

The article from MSN Money discusses two recommended dividend stocks for investment with a modest sum of $500. The first stock highlighted is Verizon Communications (NYSE: VZ), which offers a high dividend yield of 6.7% and has a history of increasing its dividend for 17 consecutive years, making it attractive for income-focused investors despite its high debt levels. The second stock is Pfizer (NYSE: PFE), which, although facing challenges like patent expirations and reduced demand for its COVID-19 products, still provides a compelling 6.1% dividend yield. Pfizer's diversified portfolio and ongoing research and development efforts suggest potential for future growth. The article suggests that both stocks could be good picks for investors looking to generate passive income, even with a relatively small investment.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/2-no-brainer-dividend-stocks-to-buy-with-500-right-now/ar-AA1xSJAo ]