I love to collect passive income. There's just something special about getting paid for work someone else did. My goal is to eventually generate enough passive income so I don't have to work.

Part of my strategy is to invest in stocks with higher dividend yields since they enable me to generate more income for every dollar I invest. I try to invest a little money each month so that I can steadily make progress toward my goal. I plan to buy shares of a few higher-yielding stocks this April, including Brookfield Renewable (NYSE: BEPC)(NYSE: BEP), Realty Income (NYSE: O), and Vici Properties (NYSE: VICI). Here's why I'm planning to buy more shares of these big-time dividend stocks in the coming month.

Brookfield Renewable yields nearly 6% these days. That's several times higher than the S 500's dividend yield, which is around 1.3%.

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Source Fool.com