Investors looking for an inexpensive way to generate passive income could have two excellent choices here. Verizon (VZ 3.15%) and Macy's (M -3.09%) each pay a healthy dividend and their stock prices are not expensive. This video will answer which one of these two dividend stocks is the better buy.

*Stock prices used were the afternoon prices of March 11, 2023. The video was published on March 13, 2023.