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Invest $15,000, create $867 in passive income from this ASX dividend stock
[ Fri, Jan 31st ]: WOPRAI
As of Jan 31st, 2025, there has been substantial .. of Oliveda International, Inc. in recent trading
[ Fri, Jan 31st ]: WOPRAI
As of Jan 31st, 2025, there has been substantial .. of TriSalus Life Sciences, Inc. in recent trading
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As of Jan 31st, 2025, there has been substantial .. gularity Future Technology Ltd. in recent trading
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As of Jan 31st, 2025, there has been substantial .. ng of Monumental Minerals Corp. in recent trading
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As of Jan 31st, 2025, there has been substantial .. of Virax Biolabs Group Limited in recent trading
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As of Jan 31st, 2025, there has been substantial .. International Holdings Limited in recent trading

Invest $15,000, create $867 in passive income from this ASX dividend stock

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I think this ETF is a great fit for any income investor. The post Invest $15,000, create $867 in passive income from this ASX dividend stock appeared first on The Motley Fool Australia.
The article from MSN discusses an investment opportunity in an ASX-listed company, specifically focusing on creating passive income through dividend stocks. It highlights a scenario where an investor could invest $15,000 into a company known for its high dividend yield, which in this case is 11.56%. This investment would generate approximately $867 in passive income annually. The article explains the benefits of dividend investing, such as providing a steady income stream, potential for dividend reinvestment, and the compounding effect over time. It also mentions the risks associated with high-yield stocks, like potential dividend cuts or company performance issues, but emphasizes the attractiveness of this particular stock due to its consistent dividend history and the current market conditions favoring income-focused investments.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/lifestyle/misc/invest-15-000-create-867-in-passive-income-from-this-asx-dividend-stock/ar-AA1y9JII ]