3 High-Yield Dividend ETFs to Buy to Generate Passive Income
Dividend stocks can be a great way to get income without sacrificing the potential for long-term growth, but choosing individual Dividend stocks isn't the best option for everyone. Fortunately, there are some excellent exchange-traded funds (ETFs) with Dividend yields that are significantly higher than the typical S 500 company's, and they can be a great choice for investors who want to create an income stream on autopilot.
Here are three high-dividend ETFs that long-term investors, as well as those seeking current income, might want to take a closer look at.
If you're looking for a solid high-dividend ETF full of quality stocks, it's tough to make a case against the Vanguard High Dividend Yield ETF (NYSEMKT: VYM). With a rock-bottom 0.06% expense ratio, this fund tracks an index of stocks that pay above-average dividend yields, specifically excluding real estate investment trusts, or REITs.
Source Fool.com
