Author: Brett Owens, Contrarian Outlook

Drop $500K and these stocks and funds will reward with $42,571.62 in passive dividend income.

And right now it’s offering a buying opportunity.

Both of these names have a growing dividend, a history of share buybacks, and a high ‘shareholder yield.’

Many of these names punch way above their dividend weight class.

Monthly payers tend to cluster in the high-yield corners of the market that many investors never bother to explore. Here are five such names to consider.