◆ NeutralSCHDJEPQ

3 Dividend ETFs That Could Generate Thousands of Dollars in Passive Income

The Motley Fool·
3 Dividend ETFs That Could Generate Thousands of Dollars in Passive Income

The article highlights three dividend ETFs that can collectively generate substantial passive income. The Schwab U.S. Dividend Equity ETF (SCHD) offers steady income growth with a 3.2% yield and has doubled payouts over 10 years. The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) provides maximum yield at 11.5% through covered call strategies. The Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) balances both approaches with an 8.2% yield. Together, $100,000 invested equally across all three could generate approximately $7,633 annually.

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