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Down 20% to 65%, 3 Surefire Passive-Income Powerhouse Stocks for 2023

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Down 20% to 65%, 3 Surefire Passive-Income Powerhouse Stocks for 2023: https://g.foolcdn.com/editorial/images/713439/tools-getty.jpg

Investors operate on incentives. And when the risk-free 10-year Treasury rate is 3.4%, it's natural for investors to demand a little extra yield from their income stock portfolio.

Investing in equal parts of Stanley Black & Decker (NYSE: SWK), ABB (NYSE: ABB), and Kinder Morgan (NYSE: KMI) produces a dividend yield of 4.4% and grants exposure to three excellent companies. Here's why each stock is a great buy for 2023 and beyond.

Image source: Getty Images.

Source Fool.com

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