"Unleashing the Power of Dividends: A Lifelong Stream of Passive Income"

Two dividend opportunities for generating recurrent passive income are highlighted in this article. The first pick is Eagle Point Income Company (EIC), a closed-end fund specializing in purchasing lower-risk debt tranches of collateralized loan obligations (CLOs), offering attractive yields. EIC has a history of raising dividends and offers preferred securities with monthly dividend payments. The second pick is Ares Capital (ARCC), a blue-chip business development company (BDC) that consistently outearns its dividend. ARCC has a solid earnings report, a sustainable regular dividend, and a potential for a supplemental dividend. It has a strong credit quality and has demonstrated the ability to minimize credit losses. Both EIC and ARCC provide opportunities for long-term income generation.