My Top 3 Dividend Stocks for Generating Passive Income

Make money while you sleep. Or while you watch your favorite show. Or while you go out with friends. Or while...you get the picture. I'm talking, of course, about generating passive income.

There are plenty of ways to make passive income. One of the best is to buy stocks of great companies that pay attractive dividends. Here are my top three dividend stocks right now for generating passive income.

Devon Energy (NYSE: DVN) offers a sky-high dividend yield of nearly 8.8%. That's more than 6x greater than the S&P 500's dividend yield. Devon's dividend is also one you can count on. The oil and gas company has paid a dividend for 29 consecutive years.

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Source Fool.com