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Buying dividend stocks is an excellent way to generate passive income.
Fool.com contributor Parkev Tatevosian highlights seven dividend stocks he thinks would make an excellent addition to portfolios of investors looking to increase passive income.
*Stock prices used were the afternoon prices of Oct. 30, 2023. The video was published on Nov. 1, 2023.
Parkev Tatevosian, CFA has positions in 3M. The Motley Fool has positions in and recommends Home Depot and Microsoft. The Motley Fool recommends 3M, Deere, and eBay and recommends the following options: short October 2023 $52.50 calls on eBay. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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