For passive income through dividend stocks, you’ll want to focus on companies with a history of consistent dividend payments, attractive dividend yields, and the potential for long-term growth. Here are some dividend stocks well-suited for passive income:

1. Johnson & Johnson (JNJ): JNJ is a diversified healthcare company with a strong track record of paying dividends for decades. Its stable business model, diverse product portfolio, and defensive nature make it a reliable choice for passive income investors.
2. Procter & Gamble Company (PG): PG is a leading consumer goods company known for its household brands and consistent dividend payments. With its stable cash flow generation and commitment to returning value to shareholders, PG is suitable for passive income investors.
3. AT&T Inc. (T): T is a telecommunications giant with a high dividend yield and a long history of paying dividends. Despite challenges in the industry, T’s stable business model and cash flow generation make it an attractive choice for passive income.
4. Verizon Communications Inc. (VZ): VZ is another telecommunications company known for its reliable dividend payments. With its essential services and stable customer base, VZ offers predictable income for passive investors.
5. Realty Income Corporation (O): Realty Income is a real estate investment trust (REIT) known as “The Monthly Dividend Company.” It owns and manages a diversified portfolio of commercial properties and pays monthly dividends, making it an attractive option for passive income seekers.
6. Main Street Capital Corporation (MAIN): MAIN is a business development company (BDC) that provides debt and equity capital to lower-middle-market companies. It pays monthly dividends and offers exposure to a diversified portfolio of private businesses.
7. Vanguard Dividend Appreciation ETF (VIG): VIG is an exchange-traded fund (ETF) that tracks U.S. stocks with a history of increasing dividends. It offers passive investors exposure to a diversified portfolio of dividend-paying companies with the potential for long-term income growth.

When building a portfolio for passive income, diversification is key to reducing risk. Consider combining dividend stocks from different sectors and industries to create a well-rounded income stream. Additionally, monitor your investments periodically to ensure they continue to meet your income objectives and risk tolerance. Consulting with a financial advisor can provide personalized guidance tailored to your specific financial situation and investment goals.