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Got $1,000 to Invest? These 3 High-Quality, High-Yield Dividend Stocks Could Turn Idle Cash Into More Than $50 of Annual Passive Income.
The Motley Foolยท2025-07-08 07:12

Investing in the stock market is a great way to turn idle cash into passive income. Using that money to buy dividend stocks enables you to collect recurring dividend income. You can use that money to help cover your bills or reinvest it into generating more income. For example, investing $1,000 across three high-quality dividend stocks with higher dividend yields could turn it into more than $50 of passive income each year: | Dividend Stock | Investment | Current Yield | Annual Dividend Income | | --- | --- ...