Want to Collect $500 Each Month? Invest $123,553 Into These 3 Dividend Stocks
If you've got money that you can afford to invest in the stock market for the long term, dividend stocks are a great choice as they generate cash for you on a recurring basis. And while few of them pay out on a monthly basis, you can strategically invest in stocks that distribute quarterly on different schedules so that you're still collecting money every month of the year.
Three quality income investments that could help you achieve that goal are Cardinal Health (NYSE: CAH), Verizon Wireless (NYSE: VZ), and ExxonMobil (NYSE: XOM).
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Source Fool.com
