These companies with a gigantic dividend of over 8% can help you build passive income
A high dividend is particularly attractive to investors because it can generate a nice passive income from a low investment. Let's see if these two companies can help you do just that!
Of course, I must start by saying that a high dividend is not necessarily the best thing. For several reasons. First, a high dividend can be the result of a company not having enough opportunities to invest in its growth and therefore having to pay out profits to shareholders. This may mean that the firm is unable to grow and compete with other firms in the market.
Secondly, a high dividend may be temporary and may be jeopardised if the firm runs into financial difficulties. If the firm does not have enough cash to pay its liabilities, it may have to reduce or cancel the dividend payment.
Now to the companies themselves.
Gladstone Commercial $GOOD is a real estate investment trust (REIT) that specializes in commercial real estate. The company focuses on the acquisition and management of office and industrial…
Well, that's a lot of money. It's just a question of whether they can keep delivering it like this. Payout over 60%? Yeah. I'm gonna take a closer look right now.
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