"3 Dividend Stocks Down 9-39% in July: Devon Energy, APA, McDonald's - Opportunities for Passive Income Investors!"

Oil prices are ensuring a strong cash flow and dividend for Devon Energy. APA offers a high-yield dividend, while McDonald’s boasts a lasting business model. Investors seeking passive income from dividend stocks may find opportunities in Devon Energy, APA, and McDonald’s, which are down from their 52-week highs.

Devon Energy stock has declined by 31% due to negative sentiment towards energy stocks. However, it presents value investing opportunities with a fixed dividend yielding over 3% and generating significant cash flow even at $50 a barrel oil prices. Devon Energy is a strong candidate for passive income-seeking investors.

APA stock has dropped 15% year to date due to its sensitivity to energy prices. The company is taking steps to reduce expenses and improve cash flow, expecting reductions in development and exploration capital. Despite volatility, APA stock offers a 5.1% forward-yielding dividend and is trading at a discount.

McDonald’s, a passive income powerhouse, consistently generates more free cash flow than its dividend. Its franchise model is a competitive advantage, with the company owning just 5% of locations. Despite a slight stock pullback, McDonald’s remains a solid choice for dividend-seeking investors in July.

Investors looking for opportunities in Devon Energy should consider the 10 best stocks identified by The Motley Fool Stock Advisor team, excluding Devon Energy. The team’s picks have historically produced significant returns and could offer promising results for investors in the coming years.

Read more at Yahoo Finance: 3 Passive Income Powerhouses Down Between 9% and 39% to Buy in July