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


//stocks-investing.news-articles.net/content/202 .. passive-income-from-this-asx-dividend-stock.html
Published in Stocks and Investing on Friday, January 31st 2025 at 5:41 GMT by MSN   Print publication without navigation

  • 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 ]

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