5 FTSE 250 stocks with dividend yield of over 5%
Highlights Many companies listed on the FTSE250 index yield steady cash flow and pays regular dividends to their shareholders. A company that generates steady cash flow and revenue; and pays a regular dividend to its shareholders can be considered a passive income stream. Passive income is the money generated through activities that require minimal labour and little effort from the beneficiary. It is a great way to generate additional cash flow as you pursue your primary job and business. Passive income can be earned through various ways like rental income, buy-to-let properties, or side hustles. The stock market can also be an excellent option to consider for passive income. For example, long term investment in a company that generates steady cash flow and revenue; and pays a regular dividend to its shareholders can be considered a passive income stream. © 2022 Kalkine Media® Many companies listed on the FTSE 250 index yield steady cash flow and pay regular dividends to their sh