Investing for passive income is great; dividends can pay for your living expenses, help you retire early, or you can reinvest them to generate more returns. But many stocks pay dividends, and they are certainly not all created equal.

Exchange-traded funds (ETFs) are baskets of stocks packaged and traded under one ticker symbol. Investing in ETFs aligned with your investment strategy is like hitting the easy button; no stress from picking individual stocks. And yes, they make ETFs built around paying dividends.

Here are three high-quality ETFs that can simplify how you invest and will pay you to own them.

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Source Fool.com