Don't Wait for Your Dividends. Here's How You Can Collect Cash Every Month.

Dividend stocks can provide investors with some excellent recurring cash flow. The downside is that most of them pay a dividend every three months. That means cash isn't coming in every month. But there's a way around that -- by investing in at least three different dividend stocks with different payment schedules.

Three stocks that can provide you with above-average payouts and that together can ensure you're collecting cash every month are Cardinal Health (NYSE: CAH)General Mills (NYSE: GIS), and Duke Energy (NYSE: DUK). Here's why all three dividend stocks can be good additions to your portfolio right now.

Cardinal Health helps distribute pharmaceuticals and medical products, and so its business benefits from consistently strong demand. The downside is that its margins aren't always great, with the company reporting an operating profit of $1.6 billion over the trailing 12 months on revenue totaling more than $193 billion -- that's an operating margin of less than 1%. 

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Source Fool.com