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Want $300 in Passive Income Every Month? Invest in These 3 Stocks

TheMotleyFool

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Want $300 in Passive Income Every Month? Invest in These 3 Stocks: https://g.foolcdn.com/editorial/images/693254/a-couple-counting-money.jpg

Passive income is the best type of income -- it doesn't require you to do any work for it. In the case of dividend stocks, all you need to do is buy shares of a company that pays a good, safe yield, and watch the recurring payments boost your portfolio's balance.

And although it can be difficult to find dividend stocks that pay every month, one way around that is to buy multiple stocks. With just three dividend stocks that pay at different schedules, you can collect passive income on a monthly basis.

Here's how investing in Healthpeak Properties (NYSE: PEAK), Lumen Technologies (NYSE: LUMN), and Altria (NYSE: MO) can generate $300 in dividend income for your portfolio each month.

Source Fool.com

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