Article Summary
The S&P 500 has surged by 13% in the past month, but there are still stocks and ETFs offering high yields at bargain prices. NextEra Energy, Target, and the JPMorgan Equity Premium Income ETF are three such options for generating passive income.
What This Means for You
- Consider investing in NextEra Energy for its impressive dividend growth history and strong financials.
- Despite Target’s recent underperformance, its beaten-down price, high yield, and consistent dividend increases make it an attractive option for passive income.
- The JPMorgan Equity Premium Income ETF can provide reliable monthly income and capital preservation during market downturns.
- Monitor potential risks such as policy changes for NextEra Energy and a turnaround for Target.
Why These High-Yield Dividend Stocks and ETF Are Still Too Cheap to Ignore
In a market where the S&P 500 has rebounded significantly, investors can still find high-yield dividend stocks and ETFs at attractive prices. NextEra Energy, Target, and the JPMorgan Equity Premium Income ETF are three such options, offering passive income potential with distinct advantages.
NextEra Energy has a forward-yielding dividend of 3.2% and a strong track record of dividend increases, with management expecting to hike the dividend by 10% annually through 2026.
Target’s stock has been underperforming, but its 4.7% yield, consistent dividend raises, and potential for business improvement make it an attractive option.
The JPMorgan Equity Premium Income ETF offers a high yield of 7.8% and focuses on capital preservation during market downturns, making it a balanced income investment.
People Also Ask About
- What are some high-yield dividend stocks to consider?
- Is Target a good investment for passive income?
- How does the JPMorgan Equity Premium Income ETF perform during market downturns?
- What risks should I be aware of when investing in NextEra Energy?
- Can Target recover from its recent underperformance?
Expert Opinion
Despite the S&P 500’s recovery, high-yield dividend stocks and ETFs can still offer value to investors seeking passive income. NextEra Energy, Target, and the JPMorgan Equity Premium Income ETF demonstrate the potential for attractive yields and unique advantages, but investors should remain vigilant about potential risks and monitor company performance for informed decision-making.
Key Terms
- High-yield dividend stocks
- Passive income
- NextEra Energy
- Target
- JPMorgan Equity Premium Income ETF
- Capital preservation
- Dividend growth
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