Several high-quality companies currently offer dividends with yields of 5% or more. Here's a look at five top dividend stocks to buy for passive income right now. Image source: Getty Images.

Despite the reduction in profit margins, MG stock is paying its investors US$0.485 per share per quarter, translating to US$1.94 per year with a 4.7% dividend yield, with the lower share price.

So if you’re looking for high-quality dividend stocks that can help boost your passive income, here are two of the best stocks to buy now and hold forever. A top Canadian utility stock ...