How high-yield dividend stocks could make a generous passive income // Motley Fool Australia

The 2020 COVID-19-related stock market crash may mean that some investors look outside of dividend shares for a passive income. For example, they may decide to purchase bonds or hold cash for their lower risks and more stable outcomes.

However, the high yields currently available across the stock market could mean that dividend shares are a more attractive option. They could also offer dividend growth over the long run.

Meanwhile, building a diverse portfolio of financially-sound businesses could mean less risk in an uncertain economic period.

Making a passive income with high-yield dividend stocks

High-yield dividend stocks could offer a far more attractive passive income than other assets. Although some shares have recovered from the…