Got $5,000? These High-Yield Dividend Stocks Can Turn It Into a Monthly Passive Income Stream Worth Nearly $275 Each Year.

Passive income can help get you on the road to financial freedom. As you grow your passive income sources, you'll become less reliant on your job to support your lifestyle. Investing in real estate investment trusts (REITs) can be a great way to start building your passive income. Several REITs offer high-yielding dividends that they pay monthly, making them ideally suited for generating recurring income. For example, $5,000 invested across a trio of monthly dividend REITs could produce nearly $275 of divid ...