Earn Monthly Dividend Income By Investing in These 3 Stocks

The markets have been rallying since March's crash, but that doesn't mean they're stable just yet. With a lot of uncertainty surrounding the COVID-19 pandemic, stability comes at a premium these days. And one way you can add some of it to your life is by investing in dividend stocks.

While most dividend stocks pay on a quarterly basis, that doesn't mean you have to wait three months for a payment. The three stocks listed below all pay dividends in different periods, and collectively, they can generate recurring monthly income for you.

Merck (NYSE: MRK) is a stable dividend stock that you can buy and hold for years. The drug manufacturer has posted a profit in each of the past 10 years, and the majority of those times, its profit margin was in the double-digits.

Source Fool.com