Smart investors know that generating passive income can be accomplished through strategic investments in dividend stocks, which provide steady income and capital growth.
Choosing the right dividend stocks is crucial; look for those with a history of consistent dividend increases and no interruptions for years.
Pfizer, a key player during the pandemic, is on the rebound after acquisitions intended to expand its portfolio, despite a decline in vaccine-related revenue.
Stable dividend stocks are characterized by profitable companies with a solid industry position and liquidity that allows them to sustain regular dividends.
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