Dividends are a popular source of passive income. If you don't need the money right now, you can always reinvest your dividends to fuel your returns even further. But dividends are never promised, so relying on just a couple of stocks for their payouts is risky.
That's where dividend ETFs, or exchange-traded funds, come in. These funds invest across many different dividend-paying companies. Even if a few reduce their dividend payments or eliminate them altogether, the impact on your income or portfolio is minimal.
Ready to use dividends to supercharge your investments? Here are three of the best dividend ETFs available.
Source Fool.com