Want to Add Some Upside to Your Passive Income? Buy These 3 Ultra-High-Yield Stocks
Most dividend-paying companies send a fixed amount to their investors each quarter. That gives them good visibility into the passive income they can earn from their investments.
However, some companies go against the grain with their variable dividend strategies. They enable investors to collect more passive income following a strong quarter for the business. While that income variability isn't for everyone, the upside potential can appeal to investors willing to take on a bit more risk. Three stocks currently offering big-time income streams with upside potential are Blackstone (NYSE: BX), BHP Group (NYSE: BHP), and Devon Energy (NYSE: DVN).
Blackstone is the world's largest alternative asset manager. The company currently has $950 billion of assets under management and generates relatively steady fee-based income. Blackstone also earns performance revenues as the funds it manages achieve their return objectives for investors.
Source Fool.com
