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Stock impact report

Invest $50,000 in This Stock and Get $2,950 Back Per Year in Dividends [Yahoo! Finance Canada]

First National Corporation (FXNC) 
NASDAQ:AMEX Investor Relations: ir.fbvirginia.com
Do you want to get a substantial passive-income stream going with dividend stocks? There are many ways to make that happen. The easiest is buying exchange-traded funds (ETFs). Such funds are highly diversified, making them relatively low risk compared to individual stocks. With the TSX Index yielding about 2.5% today, you can get about $1,250 per year in dividends after investing $50,000. Now, a $1,250 annual income supplement is not nothing, but let's be realistic: it's not a whole lot, either. Realistically, you're going to want more than that if you plan to live off of dividends. It's here that reasonably diversified portfolios of high-yield stocks can make sense. In this article, I will explore one stock that can produce $2,950 per year worth of dividend income with as little as $50,000 invested. First National First National Financial TSX:FN ) is a Canadian non-bank lender with a 5.9% dividend yield. If you invest $50,000 at a 5.9% yield, you get $2,950 back per year i Show less Read more
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