How to invest $10,000 this year to create ‘safe’ passive income

ASX dividend shares are an awesome place to hunt for sources of passive income. Some could also be thought of ‘secure’ – or as secure as a dividend will be.
Dividends are under no circumstances assured funds. But, some dividend funds are extra unstable than others due to the character of their income.
It’s regular to see dividends from mining and vitality shares go up and down due to the volatility of useful resource costs, which is why I wouldn’t rely on the dividends from Rio Tinto Limited (ASX: RIO) and Woodside Energy Group Ltd (ASX: WDS) being robust ceaselessly.
During recessions and main financial dislocations, it’s regular for financial institution shares to minimize their dividends like we noticed throughout COVID-19 from names like Commonwealth Bank of Australia (ASX: CBA) and ANZ Group Holdings Ltd (ASX: ANZ).
So, with that in thoughts, I’m about to run by way of some ASX dividend shares that might proceed to pay good dividends within the coming years. I’d love to invest $10,000 evenly between these 4 names.
Washington H. Soul Pattinson and Co. Ltd (ASX: SOL)

I feel this ASX dividend share is the king of passive income. While it’s unlikely to have the largest dividend yield, its constant dividend development is spectacular, for my part. It has grown its atypical annual payout each year since 2000.
The firm has a diversified portfolio, which is unfold throughout a lot of ASX shares and industries, together with TPG Telecom Ltd (ASX: TPG), Tuas Ltd (ASX: TUA), New Hope Corporation Limited (ASX: NHC), Aeris Resources Ltd (ASX: AIS), Macquarie Group Ltd (ASX: MQG) and BHP Group Ltd (ASX: BHP).
Unlisted investments embody agriculture, luxurious retirement dwelling, swimming faculties and electrical elements.
Soul Patts pays bills from the dividend income it receives after which distributes the bulk to shareholders. It invests the retained money into different companies.
According to Commsec, this firm may pay an atypical grossed-up dividend yield of three.9%
Rural Funds Group (ASX: RFF)

Rural Funds is a number one actual property funding belief (REIT) that owns a portfolio of farmland throughout Australia, with cattle, vineyards, almonds, macadamias, sugar and cotton.
It goals to develop its distribution by 4% every year, which is usually greater than inflation. The enterprise is funding the upper shareholder passive income by way of contracted rental will increase and productiveness enhancements (which unlocks additional rental development and improved farm values).
The ASX dividend share has elevated its distribution by at the least 4% each year because it listed a number of years in the past.
With a guided 5% complete distribution yield in FY23, I feel this is a strong possibility for regular passive income and long-term development within the coming years.
Sonic Healthcare Ltd (ASX: SHL)

I don’t assume the necessity for healthcare and pathology will disappear. Sonic’s position within the healthcare course of is essential, as we noticed in the course of the worst of the COVID-19 years because it carried out hundreds of thousands of COVID exams in locations like Australia, the US and Europe.
The ASX healthcare share has a said ‘progressive dividend coverage’, so the board tries to reward buyers with pay rises every year.
Sonic Healthcare is benefiting from elevated natural development as delayed healthcare procedures due to the pandemic are lastly carried out.
I like that the corporate has been making acquisitions to diversify and develop its earnings, giving it extra monetary firepower to hopefully pay larger dividends.
According to Commsec, it may pay a grossed-up dividend yield of 4.5%.

APA is a number one vitality infrastructure enterprise that owns a nationwide fuel pipeline, delivering half of the nation’s pure fuel utilization. The firm additionally owns different fuel property, like storage and energy technology.
It has a rising portfolio of renewable vitality and electrical energy transmission property. For instance, it lately acquired Basslink, a cable asset that connects Tasmania with mainland Australia, enabling the export of renewable vitality throughout the Bass Strait.
The firm has grown its passive income each year for the previous decade and a half, thanks to its steadily-growing money move, which is funding larger payouts. It continues investing in initiatives, which can hopefully allow even larger funds.
APA expects to pay a distribution of 55 cents per safety in FY23, which interprets right into a ahead distribution yield of 5.2%.
Foolish takeaway
An common dividend yield of 4.6% would generate $460 of dividend income per year. It’s not the largest yield, however it might hopefully develop each year. I imagine these dividend payers will be resilient in downturns.

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