With their high yields and strong underlying businesses, these stocks are hard to pass up. You don't have to be rich to begin generating passive income. Now that nearly all online stock brokers have eliminated deposit requirements and minimum fees to enact common stock trades, almost anyone can afford to put some money to work. Right now, $100 is more than enough to buy shares of AT&T (T 0.46%), and Royalty Pharma (RPRX 0.28%). If you have cash ready to invest that you won't need to pay bills or cover unfor ...