Looking for Steady Passive Income? Look At SCHD, JEPI and Realty Income

"The Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is a dividend-focused fund with a yield of 3.84%. This ETF only invests in 103 companies that have high yields. It identifies companies with the history of paying and growing dividends and looks for payout sustainability each year. Hence, its dividends are more dependable than other high-yield ETFs. It provides steady dividend income from top companies."

"SCHD's top 10 holdings include strong dividend-paying companies like AbbVie, Chevron, Verizon Communications, and Coca-Cola. No stock has a weightage higher than 5%. SCHD had a low expense ratio of 0.06%. If you're looking to add dividend stocks to your portfolio, SCHD can be an ideal choice. The fund has generated an annualized return of 8.95% in 3 years and 11.77% in 5 years. SCHD announced a recent dividend hike to $0.26."

Passive income can be generated by investing in assets that produce ongoing payouts, including dividend stocks and exchange-traded funds (ETFs). ETFs trade like stocks and hold baskets of securities that track underlying indexes. The Schwab U.S. Dividend Equity ETF (SCHD) focuses on 103 high-yield companies with histories of paying and growing dividends and emphasizes payout sustainability. SCHD concentrates in consumer staples, energy, and healthcare, limits tech exposure, and caps individual holdings near 5%. The fund features a low 0.06% expense ratio, multi-year annualized returns near 9–12%, and a recent dividend increase to $0.26.

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