Got $10,000? Put It in These Dividend Stocks Now

"Instead of putting all of eggs in one basket, it would make more sense to set aside $2,500 for four different dividend stocks. That's an equal allocation into four high-quality companies that also happen to reward the shareholders with dividend payments."

"Energy Transfer is actually an important U.S. midstream oil and natural gas business. Sure, America could eventually switch to cleaner energy sources. For the foreseeable future, however, there will be a need for oil and gas pipelines, and Energy Transfer is a premier provider and servicer of these pipelines."

"Currently, ET stock features a tremendous 7.13% forward annual dividend yield. That's why you'll find a favorable reward-to-risk profile with Energy Transfer stock right now."

For investors with $10,000 available for long-term growth, dividend-paying stocks offer an accessible passive income strategy. Rather than concentrating funds in a single stock, dividing the capital equally among four high-quality dividend-paying companies reduces risk through diversification. Energy Transfer, a midstream oil and gas pipeline company, offers a 7.13% forward annual dividend yield with a five-year price appreciation of 130%. Amgen, an established pharmaceutical company, has delivered nearly 70% returns over five years. This balanced approach combines income generation through dividends with capital appreciation potential while maintaining reasonable safety through portfolio diversification.

Read at 24/7 Wall St.