5 High-Yield Dividend Stocks for Passive Income
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Hercules Capital and Ares Capital are business development companies (BDCs) that provide financing to startups and pay high dividend yields over 9%.
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Energy Transfer, Enterprise Products Partners, Enbridge, and Kinder Morgan are energy companies focused on pipelines and storage that pay dividends yielding 6.5-8.4%.
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Rithm Capital is a real estate investment trust (REIT) that pays a 9.1% dividend yield and trades at a discount to peers.
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Altria pays a 9.6% dividend yield and has raised its payout for over 50 straight years despite challenges in the tobacco industry.
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Verizon pays a 6.6% dividend yield and has increased its payout annually for 17 years, making it best-in-class among telecom stocks.