3 Dividend Stocks to Double Up on Right Now

Dividends are one of the best sources of passive income you can receive. The good news is that numerous stocks not only pay quarterly dividends but have also steadily increased their payouts over time. By accumulating dividend stocks, you can slowly but steadily build up an increasing flow of passive income that you can rely on to supplement your earned income. These dividends can also help you sustain your lifestyle once you retire.The key to finding dependable dividend stocks is to look for companies with sturdy business models, strong brands, and dominant positions that allow them to churn out copious amounts of free cash flow. Their revenue and profit growth may not be impressive and may fluctuate along with the economy, but with their consistent free cash flow generation, they probably will continue increasing their dividends for the foreseeable future.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool