Dividend stocks offer investors a reliable source of passive income. Passive income is characterized by its ability to generate revenue without requiring the earner’s continuous active effort, making it a desirable financial strategy for those seeking to diversify their income streams or achieve financial independence.
We continually screen our 24/7 Wall passive income stock research database for the best investment ideas. The recent high-impact selling has positioned some of our favorite passive income stocks in a sweet spot for investors with some dry powder to take advantage of. All are rated Buy at top Wall Street firms that we cover, and all make sense for long-term growth and income investors.
This post originally appeared at 24/7 Wall St.