2023-04-05 10:23:00 ET
Dividend stocks can give you recurring cash flow to help pay bills or save for the future. The downside is that most of them pay every three months. However, you can accelerate the rate of your dividend payments by investing in multiple stocks that pay dividends at different intervals. By doing so, you can keep the cash flow coming every month.
Here's a look at how much you'd have to invest to collect $100 each month from the following trio of high-yielding stocks: AT&T (NYSE: T) , TC Energy (NYSE: TRP) , and Viatris (NASDAQ: VTRS) .
Telecom giant AT&T is a leaner and simpler business to invest in since it spun off WarnerMedia last year, which is now part of Warner Bros. Discovery . Without the headaches of the streaming business and focusing just on its core telecom operations, it makes for a safer dividend stock.
For further details see:
Here's How You Can Collect $100 in Dividends Every Month