Want To Collect $200 Every Month? Invest $49,334 in These 3 Stocks

Are you looking for a way to supplement your income and add to your monthly cash flow? Dividend stocks can be an ideal way to accomplish that objective. And while there aren't many stocks out there that pay you on a monthly basis, there is a way you can get around that hurdle, and that's by investing in stocks with different payment schedules.

GlaxoSmithKline (NYSE: GSK), Verizon Communications (NYSE: VZ), and Gilead Sciences (NASDAQ: GILD) all pay at different times during the year. And with all of them paying more than three times the S&P 500 average yield of 1.3%, you can collect much more from them than your average stock. Investing $49,334 across these investments can bring in about $200 for your portfolio every month.

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Source Fool.com