These Dow Jones stocks and ETF offer ways to collect a sizable amount of passive income from equities.

The stock market can be an excellent tool for compounding wealth through buying shares in quality businesses and holding those shares over the long term.

Companies or exchange-traded funds (ETFs) that pay quarterly dividends offer investors a way to book a cash return without having to sell stock. Dividends can be a great tool if passive income is part of your financial plan.

Investing $27,000 into equal parts of Chevron ( CVX 0.26% ) , Coca-Cola ( KO -0.29% ) , and the Schwab U.S. Dividend Equity ETF ( SCHD 0.82% ) should help you generate at least $1,000 in annual dividend income. Here's why these two dividend stocks and this ETF stand out as great buys no

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