Today, I provide 10 of my best dividend stock ideas for the month of July. I believe these dividend stocks are a great way to add balance and passive income to a long-term portfolio. Compounding is the eighth wonder of the world, and dividends are a great way to accelerate your wealth. Two of my favorite dividend stocks on the list are Deere & Company (DE -1.52%) and Microsoft (MSFT 0.04%). To see the other eight dividend stock picks and more information, please watch the below video. 

*Stock prices used in the below video were during the trading day of July 7, 2022. The video was published on July 7, 2022.