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3 Elite Dividend Stocks Yielding 3% (or More) That Are Ideal for Passive Income

3 Elite Dividend Stocks Yielding 3% (or More) That Are Ideal for Passive Income

Investing in dividend stocks is one of the easiest ways to generate passive income. Three companies with elite dividend track records are Chevron (NYSE: CVX), Consolidated Edison (NYSE: ED), and National Retail Properties (NYSE: NNN). Add in their higher dividend yields of at least 3% -- roughly double the S&P 500's 1.6% dividend yield -- and they're ideal for those seeking to earn passive income.