3 High-Yield Dividend ETFs to Buy to Generate Passive Income
Exchange-traded funds (ETFs) could be an income investor's best friend. They provide much-needed diversification. And some of them generate solid and reliable income.
While there are plenty of alternatives from which to choose, I think a handful of ETFs especially stand out. Here are three high-yield dividend ETFs to buy to generate passive income (listed by descending yield).
Two things immediately jump out with the JPMorgan Equity Premium Income ETF (NYSEMKT: JEPI). First is the fund's juicy 30-day SEC yield of 7.52%. Second is that the ETF pays a monthly distribution -- something income investors should especially like.
Source Fool.com
JPMorgan Chase & Co. Stock
€184.82
-0.330%
The stock is an absolute favorite of our community with 32 Buy predictions and no Sell predictions.
With a target price of 202 € there is a slightly positive potential of 9.3% for JPMorgan Chase & Co. compared to the current price of 184.82 €.
