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
€195.54
1.350%
With 34 Buy predictions and not a single Sell prediction JPMorgan Chase & Co. is an absolute favorite of our community.
As a result the target price of 202 € shows a slightly positive potential of 3.3% compared to the current price of 195.54 € for JPMorgan Chase & Co..
