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How to generate a passive income of $50,000 with ASX shares – Motley Fool Australia
If you want to become wealthy, investments in companies like Domino’s Pizza Enterprises Ltd (ASX:DMP) could be worth considering…
If you’re wanting to generate an income of $50,000 per year from dividends, you’ll need either time or a large amount of money.
If you have the latter, you could buy the shares of companies such as Sydney Airport Holdings Pty Ltd (ASX: SYD) or Telstra Corporation Ltd(ASX: TLS).
In respect to Telstra, I’m optimistic that a shift to a free cash flow-based dividend policy will allow the telco giant to maintain its 16 cents per share fully franked dividend in FY 2021.
This is a view that I share …
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