A 12% blended yield is needed to generate $4,800 annually from a $40,000 investment, exceeding current payouts from MO, VZ, and MAIN.
Investors seeking $4,800 in annual passive income from a $40,000 portfolio would require a 12% blended yield, nearly double the current payouts of mature dividend stocks like Altria (MO), Verizon (VZ), and Main Street Capital (MAIN).
At recent prices, Altria yields 5.7% ($4.24 per share), Verizon 5.9% ($0.7075 quarterly), and Main Street Capital near 6%. These yields fall short of the 12% target, highlighting the challenge of achieving such returns without higher-risk investments.
The discrepancy underscores the gap between advertised income goals and realistic market yields, even after a strong run in income stocks.