There are pros and cons to using stock dividends as passive income. Here’s what you should know.

BY CHRIS MORRIS @MORRISATLARGE

Illustration: Inc; Photo: Getty Images

When it comes to passive income ideas, buying dividend stocks is a popular one. It’s not hard to see why. Along with high-interest savings accounts and CDs, there may be no more passive way to earn a few extra dollars. You don’t have to put in extra hours of physical work. The income is recurring. And it can be substantial. 

But there are some potential downsides of using dividend stocks for passive income. Here’s what you need to know before........

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