Boost Your Passive Income With These 2 Monthly Dividend Stocks
The vast majority of stocks that pay dividends distribute the payments on a quarterly basis. But there are some that offer monthly dividends, which means you get 12 dividend checks per year that you can either use as passive income or reinvest in the stock. And if you own a couple of these monthly dividend stocks, the income they produce can add up pretty quickly.
Monthly dividend stocks may be of particular interest to retirees, who can use that extra cash to supplement their retirement income. Here are two stocks that pay investors pretty well each month.
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Source Fool.com
