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Want Passive Income? This Dividend King Could Be a Smart Buy in 2023

Want Passive Income? This Dividend King Could Be a Smart Buy in 2023

If you're an investor who loves generating passive income from your holdings, then take a look at Home Depot (NYSE: HD). Since its initial public offering in September 1981, Home Depot's stock has skyrocketed 1,500,000% (as of Jan. 24). With a market cap of $323 billion today, Home Depot has become one of the largest and most dominant businesses in the world.