3 Top Dividend Stocks for Generating Passive Income

You can work for money. But you can also have your money work for you. One great way to make passive income is to invest in dividend stocks.

We asked three Motley Fool contributors to identify top dividend stocks for generating passive income. Here's why they selected AbbVie (NYSE: ABBV), Gilead Sciences (NASDAQ: GILD), and Merck (NYSE: MRK).

Keith Speights (AbbVie): Only the most elite dividend stocks become Dividend Kings. AbbVie ranks as a member of this exclusive club with 50 consecutive years of dividend increases.

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Source Fool.com