"Maximizing Passive Income: High-Yield Dividend Stocks and Promising Investments"

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Source: The Motley Fool
"Maximizing Passive Income: High-Yield Dividend Stocks and Promising Investments"
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TL;DR Summary

Investing $135,000 equally among Energy Transfer LP, Enterprise Products Partners L.P., Enbridge, and Kinder Morgan, with dividend yields of 9.1%, 7.5%, 7.4%, and 6.4% respectively, could generate $10,000 in passive income. These energy companies have shown consistent distribution growth and resilient business performance, making them attractive for portfolio diversification. With favorable valuations and potential for future growth, they present an opportunity for investors seeking high-yield dividend stocks in the energy sector.

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