Let's check out two dividend stocks to buy now and hold forever.

Looking for the best dividend stocks for 2025? Review this list of potential stock picks to help increase your passive income.

With the youngest baby boomers (Americans born between 1946 and 1964) approaching retirement age, it's becoming increasingly important to focus on magnificent dividend stocks that will supply significant passive income either in or out of designated retirement accounts like IRAs.

Pipeline companies tend to be excellent investments for those seeking passive income. They generate very stable revenue backed by long-term contracts and government-regulated rate structures. That provides them with the cash flow to pay attractive dividends.

Canadian banks can provide investors with a strong passive-income opportunity, and not just from dividends. The post Invest $17,000 in This Dividend Stock for $5,540.08 in Passive Income appeared first on The Motley Fool Canada.