3 Dividend King Stocks That Can Make You Money in Your Sleep

If you'd like to collect regular cash payments from stocks but would also like to take a passive approach to investing, you've got options. Lots of stocks are not only generating reliable dividends, but are raising their payouts like clockwork. They'll likely do so for the indefinite future too.

Here's a closer look at three such names that have not only dished out dividends for several decades, but increased their annual payouts for 50 or more years -- qualifying them as so-called Dividend Kings.

You may be more familiar with the company than you think. In fact, you may be a customer without even realizing it. Procter Gamble (NYSE: PG) is the parent company to Pampers diapers, Tide detergent, Charmin toilet paper, Gillette razors, Old Spice deodorant, Crest toothpaste, and more. These are, of course, the products -- and brands -- you buy without giving the purchase a second thought.

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Source Fool.com