"3 Safe High-Yield Dividend Stocks for $10,000 Passive Income: A Smart Investment Strategy"

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Source: Yahoo Finance
"3 Safe High-Yield Dividend Stocks for $10,000 Passive Income: A Smart Investment Strategy"
Photo: Yahoo Finance
TL;DR Summary

To make $10,000 in passive income this year, consider investing $115,000 in three safe high-yield dividend stocks: Ares Capital, Energy Transfer, and Enterprise Products Partners. Ares Capital offers a 9.49% dividend yield, Energy Transfer offers an 8.93% distribution yield, and Enterprise Products Partners boasts a 7.72% distribution yield. These companies have strong financial positions and track records of paying dividends, making them potential sources of significant passive income. However, it's important to consider the possibility of dividend cuts or stock declines due to macroeconomic or geopolitical factors.

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