How I’d make a passive income with cheap dividend stocks

Cheap dividend stocks could offer a generous passive income relative to other mainstream assets. Their yields are significantly higher than the returns available on other income-producing assets, in many cases.

Therefore, building a diverse portfolio of stocks that have affordable dividends and the potential to raise them over the long run could be a shrewd move. It may lead to a worthwhile passive income that stays ahead of the returns on assets such as cash, bonds and property.

Making a passive income with cheap dividend stocks

The 2020 market crash means that there are many cheap dividend stocks available to purchase today. Due to their disappointing share price performances, their yields may be high in many cases.

While this…