1 Magnificent S&P 500 Dividend Stock to Buy for a Lifetime of Passive Income

In an era when artificial intelligence (AI) and quantum computing stocks are generating more hype than ever, it is easy to overlook reliable compounders with wide moats. One of my personal favorites is North America's largest trash and recycling juggernaut, Waste Management (NYSE: WM).Since the turn of the millennium, Waste Management has been a 23-bagger -- quadrupling the total returns of the S&P 500 (SNPINDEX: ^GSPC). Better yet, for passive income seekers, the company increased its dividend payments for 21 consecutive years along the way.Despite these two-and-a-half decades of success, the best may still be ahead for Waste Management.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool