Want $3200 a Year in Passive Income? Invest $20,000 In this Dividend Stock

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By: Aquib Nawab

Finance

Let's understand something important called "total return." It's like when you buy something and it becomes more valuable over time. Plus, it gives you extra money regularly. Imagine a stock with a 3% dividend and a 10% price increase resulting in a 13% total return.

Total Return Explained

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They pay a lot of extra money to people who invest in their company. Even though they recently reduced the amount of extra money they give, it's still quite a lot. They invest in things like home loans and government-backed securities.

Featured Stock 1 - Armour Residential REIT

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Armour Residential REIT Dividend Calculation

If you were to put $20,000 into Armour Residential REIT, which costs about $17.90 per share, you could get about $3,217 every year from them. This is the extra money they pay you, and it's called passive income.

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Some people may worry about the recent reduction in Armour Residential REIT's extra payments. But it's still a good option to consider for those looking for extra income.

Armour Residential REIT Dividend Concerns

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They are a new company in the stock market and are currently offering a high amount of extra money to investors. They focus on finding and producing oil and natural gas.

Featured Stock 2 - Mach Natural Resources

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Mach Natural Resources Business Focus

Mach Natural Resources works in specific areas to find and produce oil and natural gas. They are in a good position to do this in the Anadarko Basin region.

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Mach Natural Resources plans to give out extra money to its investors. They estimate this extra money to be about $3.52 for each unit every year, for a specific period.

Mach Natural Resources Dividend Estimation

Credits: Hart Energy

If you invest $20,000 in Mach Natural Resources at its current price of $17.90 per share, you could get about $3,630 every year as extra income.

Mach Natural Resources Dividend Yield

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Potential Dividend Yield Drop

Sometimes, the amount of extra money a company pays can change. If Mach Natural Resources' stock price stays low, the extra money they pay might also go down a bit. But even if it does, it's still a good amount of extra income.

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