3 Passive Income Generators Down Between 29% and 36% to Buy On the Dip

While high-yield stocks may seem more alluring to investors looking to create passive income, looking for smaller, easily funded dividends is frequently the more prudent long-term strategy.

Though the dividend payments may be lighter up front, these lower-yielding stocks often come with smaller payout ratios -- thereby giving them more significant dividend potential over the long term if bought and held.

Today, three Motley Fool contributors will explain why the recent price declines for Starbucks (NASDAQ: SBUX), Lowe's (NYSE: LOW), and eBay (NASDAQ: EBAY) could be a perfect opportunity to generate passive income over the long haul.

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Source Fool.com