"Maximizing Passive Income: High-Yield Dividend Stocks to Invest $123,500 for $10,000 Returns by 2024"

Investing $123,500 in Ares Capital, Enterprise Products Partners, and Verizon Communications could potentially generate $10,000 in reliable passive income in 2024. Ares Capital offers a dividend yield of 9.73% and has a track record of stable or increasing dividends. Enterprise Products Partners has a distribution yield of 7.55% and a history of consistently increasing distributions. Verizon Communications, with a dividend yield of over 7%, has raised its dividend for 17 consecutive years and has strong free cash flow generation. While there are risks associated with stock price fluctuations, these three high-yield dividend stocks offer the potential for attractive passive income.