All It Takes Is $2,850 Invested in ExxonMobil to Generate Over $100 in Passive Income Each Year

The fun of investing in dividend stocks is that each share essentially buys you passive income that could someday pay your bills.One way I enjoy framing investing decisions for dividend stocks is by considering how much income I receive in exchange for my capital. For example, investing $3,000 into ExxonMobil (NYSE: XOM) would generate over $100 in passive income each year.The oil and gas behemoth is an excellent mix of dividend income and growth, making the stock a strong consideration for any long-term investor's dividend portfolio.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool