Ever thought of generating multiple streams of income? Other than bringing in a salary or earning a commission, another effective method is to park some money in reliable dividend stocks.

These stocks should make consistent payments every three months to supplement your earned paycheck. They are a great way to diversify your income sources and help you boost your overall cash intake.

The key to finding solid dividend stocks is to look for mature businesses that are producing copious amounts of cash. Ideally, these companies should also possess a strong brand, generate lots of free cash flow (FCF), have a robust business model, and a track record of consistent dividend increases. For dividend-seeking investors, these are the attributes that help build and grow income.

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Source Fool.com