Want $6,000 in Annual Dividend Income? Invest $64,200 in These 3 High-Yield Stocks.

If you want to turn your savings into an income stream, there are a lot of options. You could buy homes or other property to rent, but this leaves you responsible for maintenance, taxes, and perhaps a mortgage.

If you want an income stream that's truly passive, it's hard to do better than dividend-paying stocks. That said, not every stock that pays dividends can raise its payout over time.

These three stocks stand out because they offer unusually high yields at the moment. There's also a good chance that they'll be able to raise their dividend payouts year after year.

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Source Fool.com