3 Top Dividend Stocks Yielding 3% or More to Buy Right Now for Passive Income

If you want passive income that feels sturdy even when markets wobble, it makes sense to lean on companies that sell everyday stuff and share the cash with you. These three consumer goods stocks with yields of around 3% to 5% fit that bill and deserve a serious look.

1. Unilever: steady checks

Unilever (NYSE: UL) sits behind a long list of brands you see without thinking, from soaps and shampoos to sauces and ice cream, sold in more than 190 countries. That spread means your dividend is linked to millions of small habits, not one product cycle or one region.

Image source: Getty Images.

On the income side, Unilever has paid dividends for decades and maintains a regular quarterly schedule, with its Q2 2026 dividend announced in late July and paid in September. Currently, the forward yield sits at around 3.5%. That is not eye-popping, but it is backed by a business that sells necessities across both developed and emerging markets. For passive income, that mix of global reach and mid single-digit yield is a strong base layer.

2. Kimberly-Clark: essential paper products

Kimberly-Clark (NASDAQ: KMB) is even simpler to understand. I just had my first baby, and I now realize how quickly parents burn through baby products. Kimberly-Clark makes paper products people use every single day, including tissues, diapers, and toilet paper. Demand does not spike wildly, but it also does not disappear when the economy slows. Households keep buying these items because they have to, which is exactly what you want behind a dividend.

The company has a long history of paying and raising its dividend. In January 2026, the board increased the regular quarterly payout to $1.28 per share, and that new rate was confirmed again in a May release for the July payment. Recent data shows a current yield of around 4.6% to a bit above 5%, putting Kimberly-Clark solidly in the high-income camp within consumer staples.

That kind of yield, backed by essential products and a management team that treats the dividend as a core promise, makes KMB an appealing choice if you care more about checks arriving than about headlines. Kimberly-Clark is also a Dividend King, meaning it has raised its dividend for at least 50 consecutive years.

3. Mondelez: chocolate and growing payouts

Mondelez (NASDAQ: MDLZ) offers a distinct flavor of consumer goods income. It owns snack and confectionery brands such as Oreo, Cadbury, Toblerone, and Ritz, which appear in lunchboxes, office kitchens, and checkout lanes worldwide. Snacks are not as essential as soap or diapers, but they are deeply embedded in daily routines and often hold up well even when consumers feel pressure elsewhere in their budgets.

From a dividend perspective, Mondelez has quietly built a solid track record. The company pays a regular quarterly dividend, recently at $0.50 per share, with ex-dividend dates in June and September 2026. Its current yield sits around 3.1% to 3.4%, ahead of the broad U.S. market average and in line with many defensive names. More importantly, Mondelez has been edging up that payout over time while pairing dividends with buybacks, so total cash returned to shareholders looks better than the headline yield alone suggests.

Why these three work for passive income

Unilever, Kimberly-Clark, and Mondelez are not trying to reinvent themselves every year. They refine brands, manage costs, and nudge prices, but the core of the story is simple: sell billions of units of everyday products and send a chunk of the resulting cash back to owners.

If your goal is passive income, owning three different consumer goods businesses that yield around 3% to 5% and have long histories of paying shareholders is a practical way to build a base you can sleep on. Over time, reinvesting those dividends or simply letting them accumulate gives you more flexibility with your money.

Micah Zimmerman has no position in any of the stocks mentioned. The Motley Fool recommends Unilever. The Motley Fool has a disclosure policy.