When assessing income-generating stocks, one important thing to note is the yield, which measures the percentage the company pays out in dividends in relation to its stock price. As you analyze, you might come upon an expensive stock with a high share price and a higher payout per share, but it generates a lower yield for each share. How much would you earn in dividend payouts if you invest it in three of what are considered top dividend stocks — all with stocks trading at different price points and yields?
