JEPI - 3 High-Yield Dividend ETFs to Buy to Generate Passive Income
2024-05-19 05:51:00 ET
Exchange-traded funds (ETFs) could be an income investor's best friend. They provide much-needed diversification. And some of them generate solid and reliable income.
While there are plenty of alternatives from which to choose, I think a handful of ETFs especially stand out. Here are three high-yield dividend ETFs to buy to generate passive income (listed by descending yield).
Two things immediately jump out with the JPMorgan Equity Premium Income ETF (NYSEMKT: JEPI) . First is the fund's juicy 30-day SEC yield of 7.52%. Second is that the ETF pays a monthly distribution -- something income investors should especially like.
For further details see:
3 High-Yield Dividend ETFs to Buy to Generate Passive Income