I've been captivated by dividend stocks ever since I received my first dividend payment in my early 20s. It was so exciting to get paid for basically doing nothing. That started my journey of investing in dividend stocks to collect more passive income.

Each month I buy several dividend stocks to help build my passive income stream toward my goal of having it eventually offset my expenses. This October, I plan to add to my positions in Blackstone Group (NYSE: BX), Clearway Energy (NYSE: CWEN)(NYSE: CWEN.A), Digital Realty (NYSE: DLR), Realty Income (NYSE: O), and NextEra Energy (NYSE: NEE) as more cash flows into my portfolio. Here's why I can't wait to increase my position in these top-notch dividend stocks.

Blackstone Group is a leading alternative asset manager. That business model generates lots of cash from management fees and performance revenues as the funds it manages for clients achieve their investment objectives. The company reported $2 billion of distributable earnings in the second quarter, up 86% year over year. That gave Blackstone the cash to pay a hefty dividend that currently yields 6.7%. While Blackstone's dividend payment ebbs and flows with its income, I expect it to rise in the coming years as the company capitalizes on the continued growth in investors allocating capital to alternative investments.

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Source Fool.com