According to the Internal Revenue Service (IRS), passive income generally includes earnings from rental activity or any trade or business in which the individual does not materially participate.
Dividend stocks will gain in popularity as rates are lowered over the next two years, providing opportunities for passive income to offset rising living costs.
The more passive income can help cover costly and rising costs like mortgage, insurance, taxes, and other expenses, making it easier for investors to save.
After screening our passive income database, we identified five top European companies that are known but underappreciated in terms of their dividend payments.
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