3 Passive Income Machines to Buy and Hold Forever

Many companies pay dividends. However, some businesses stand out for their ability to pay a durable dividend. They've proven they can continue paying (and growing) their dividends even during the most challenging economic times. Because of that, they make excellent long-term passive income investments.  

Stag Industrial (NYSE: STAG), W. P. Carey (NYSE: WPC), and Realty Income (NYSE: O) have been passive income machines over the years. They offer investors higher-yielding payouts that have proven durable. Because of that, they stand out to a few Fool.com contributors as excellent stocks to buy and hold for a lifetime of passive income

Marc Rapport (Stag Industrial): "Forever" is a relative term, of course, but here it means buying shares of stock in a company with no intention of selling for a very long time. Passive income, of course, is the money you're paid in dividends for simply owning that stock all along the way.

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Source Fool.com