3 Sweet Dividend Stocks to Buy for a Satisfying Passive Income Stream
The U.S. has a sweet tooth. Americans consume 34 teaspoons of sugar each day, according to the U.S. Department of Agriculture. That adds up to more than 100 pounds every year.
That much sugar consumption isn't healthy. However, this sugar addiction is great for the bottom lines of companies focused on making sugary drinks, desserts, and snacks. They generate billions of dollars in profits each year. Many pay a large portion of their earnings to investors via dividend income.
Because of that, sugar stocks can be a great way to generate passive income. Coca-Cola (NYSE: KO), Hershey (NYSE: HSY), and Mondelez (NASDAQ: MDLZ) offer sweet dividends that can help satisfy any investor's desire for passive income.
Source Fool.com
Mondelez International Inc. A Stock
€58.32
-0.720%
With 37 Buy predictions and not a single Sell prediction Mondelez International Inc. A is an absolute favorite of our community.
As a result the target price of 69 € shows a slightly positive potential of 18.31% compared to the current price of 58.32 € for Mondelez International Inc. A.
