Want to Collect Passive Income? This High-Yielding ETF Gives You 100 Top Dividend Stocks for 1 Low Price.

One of the best ways to protect your portfolio and earn passive income is with dividend stocks. Look at Realty Income (NYSE:O), for example. With a yield of 5.06%, the real estate investment trust (REIT) has been paying out a dividend for 29 consecutive years now.

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A high-yield dividend stock can considerably add to your passive income. Here are three stocks that can give you an 8% dividend yield.

I like to invest in successful businesses that offer a high yield upfront and can grow their dividend payouts over time. These three stocks stand out because they offer ultra-high yields upfront and there's an excellent chance their payouts will continue growing steadily once I'm ready to retire.