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All three of these dividend stocks are both S&P 500 stocks and they have grown their individual dividends for more than 25 consecutive years. Two of the stocks have increased their dividend every year for at least 50 years, technically making them a dividend king. One of these dividend stocks for passive income include: Lowe’s Companies (NYSE: LOW).

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*Stock prices used were end-of-day prices of March 31, 2023. The video was published on April 3, 2023.

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Mark Roussin, CPA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Abbott Laboratories. The Motley Fool recommends Lowe’s Companies. The Motley Fool has a disclosure policy.

Mark Roussin is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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