All It Takes Is $4,000 Invested in Each of These 3 Dividend Stocks to Help Generate Over $300 in Passive Income per Year

There are plenty of ways to generate passive income, such as bonds, Treasury notes, high-yield savings accounts, and even stocks. Dividend stocks can be especially effective over the long term because their passive income element complements the potential gains from the investment growing in value over time. Whereas other vehicles are entirely centered around passive income. Lockheed Martin (LMT 1.19%), Air Products & Chemicals (APD 0.88%), and FedEx (FDX 0.99%) are three industry-leading companies with gro ...