5 High‑Yielding Goldman Sachs Conviction‑List Picks Deliver Safe Passive Income

Wall Street heavyweight Goldman Sachs — founded in 1869 and ranked 55th on the Fortune 500 — has long been a go‑to name for institutional investors. In its latest review, the firm’s “Conviction List” was scanned for high-yield, dividend‑paying stocks that could offer steady passive income as the year winds down. With interest‑rate cuts by the Federal Reserve potentially looming, five stocks stood out for their reliable dividends and strong total‑return potential. Here are the five stock picks spotlighted in the list: Brixmor Property Group (BRX) — a U.S.-based REIT owning open‑air retail shopping centers (≈360 centers; ~64 million sq ft GLA) with a 4.40% dividend yield. Goldman sets a target share price implying ~22% upside. Duke Energy (DUK) — a major electric and natural‑gas utility company delivering a 3.44% dividend; seen as attractively valued for income‑seeking investors. The Hershey Company (HSY) — the confectionery firm paying a 2.91% dividend; described as a solid pick for those seeking both growth and income. Kodiak Gas Services (KGS) — an energy‑services company specializing in natural‑gas compression and infrastructure, offering a high yield of 5.15%. If Goldman’s price target is met, investors could realize nearly 14% capital gains plus dividends. Valero Energy (VLO) — a petroleum refiner and marketer with a dependable 2.56% dividend; seen as one of the safer ways to access the energy sector through dividends. The big draw: these companies not only pay above‑average dividends, but also are backed by Goldman’s conviction — meaning analysts believe they have strong total‑return potential, especially if interest rates start to drop. For investors eyeing passive income with a dose of value stability, these picks may offer an appealing balance of yield and potential growth as 2025 winds down. #IncomeInvesting #DividendStocks #GoldmanSachs #PassiveIncome #SlimScan #GrowthStocks #CANSLIM