Many investors like to own stocks that pay passive income to their shareholders. The amount of dividend income can be insignificant at first, but after a few decades of growth, those dividend payments start to add up, especially if you chose stocks of growing companies with a history of increasing their dividend.

Many of the world's strongest businesses pay regular dividends. Three Motley Fool contributors were asked to come up with their top pick for investors looking for a predictable stream of income from their investments. Here's why they selected Realty Income (NYSE: O), Home Depot (NYSE: HD), and (NASDAQ: SBUX).

Jennifer Saibil (Realty Income): Realty Income has an exclusive status that applies to a select group of stocks: It pays a monthly dividend. That's an unusual and valuable benefit for passive Income investors and especially retirees.

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Source Fool.com