Do you want to collect dividend income every month? The bad news is that most dividend stocks only pay quarterly. But the good news is that by investing in multiple income-generating investments, you can ensure that you have cash flow coming in each month of the year. The key is to invest in stocks that pay at different intervals.
Three stocks with different payment schedules that can help you do that are CareTrust (NASDAQ: CTRE) , Citigroup (NYSE: C) , and Enbridge (NYSE: ENB) . Not only are their yields safe, but they are also well above the S&P 500 average of 1.3%.
Image source: Getty Images.
For further details see:
Want $300 in Dividends Every Month? Invest This Amount in These 3 Stocks