How to Build a High Yield Dividend Portfolio for Passive Income
High yield dividend stocks are the workhorses of passive income. These are companies that share a portion of their profits with their shareholders in the form of dividends. What makes them special? It’s in the name – “high yield.” These stocks are known for their above-average dividend payouts, making them attractive to income-seeking investors. According to data, high yield dividend stocks often offer yields above 4%, significantly surpassing the average market dividend yield of around 2%.