Procter & Gamble is being pointed out as a reliable option for passive income. It has a trailing yield of 2.9% and has raised dividends for 69 consecutive years. The payout ratio is around 60%, meaning their free cash flow covers the payments comfortably. It's not a high-growth stock, but it works as a defensive play since they sell essentials like paper towels and soap that people buy regardless of the economy. Good option if you want some stability against market swings.