No. IRA contributions need to come from taxable earned income (called taxable compensation below), not from passive income such as interest, dividends, capital gains, pensions etc.
From the IRS: Retirement Topics - IRA Contribution Limits
For 2015, 2016, 2017 and 2018, your total contributions to all of your
traditional and Roth IRAs cannot be more than:
- $5,500 ($6,500 if you’re age 50 or older), or
- your taxable
compensation for the year, if your compensation was less than this
while this next quote mentions Roth IRAs it applies to both types of IRAs.
Can I Invest in a Roth With Just Dividend Income?
Roth IRAs hold several advantages over traditional IRAs. However, both
types of IRAs require earned income for contribution eligibility, so
if your earnings are strictly from dividend income you cannot invest
in a Roth IRA. If you and your spouse file jointly and one of you has
earned income, you can both contribute to Roth IRAs, as long as you
meet the annual income limitations. For IRA purposes, earned income
includes wages, salary, tips, commissions and bonuses.