By Matthew Makowski Interested in packing your portfolio with income stocks? It’s a fairly conservative approach to investing. The benefit though is this strategy leads to consistent dividends. And besides, who doesn’t like to see a steady stream of income coming into their investment account… All without ever needing to sell a single share.
So what is an income stock? To put it simply, an income stock is one that pays out a regular dividend. These usually come in quarterly or monthly installments.
One of the hallmarks of a good income stock is a high dividend yield. It’s worth noting that what qualifies as a …read more