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Money Trees: 3 Top Stocks To Buy For $5,000 In Annual Dividend Income

If you want to generate $5,000 in annual income right out of the gate, it will require you to invest a decent amount of money to see that amount in dividends. Less than $100,000 split equally between the following three companies should get you up running.

However, if you don’t have that kind of cash but do have a little time, these same stocks can also get you to our goal. Each of these dividend stocks has a history of increasing their payout at double-digit rates over time. So, you could invest smaller amounts into each of them and use the power of time and compounding to your advantage.

Take a look.

This post appeared first on InvestorPlace.