Want to Collect a Dividend Every Month? Invest in These 3 Stocks
Regular dividend income can help you save for retirement, or even just pay some bills. And while most dividend stocks pay on a quarterly basis, many of them don't pay at the same time, which means there's an opportunity for investors to buy a variety of stocks that ensure there's a dividend payment coming every month.
Three stocks you can invest in today that pay at different times and offer some great yields include Medtronic (NYSE: MDT), AT&T (NYSE: T), and McDonald's (NYSE: MCD).
Medical device maker Medtronic pays a fairly high yield of 3.3%, which is nearly twice the S&P 500 average of 1.7%. It's also a solid dividend growth stock, having increased its dividend for 45 consecutive years. The company makes payments every January, April, July, and October.
Source Fool.com
