Want to Collect a Dividend Every Month Next Year? Buy These 3 High-Yielding Stocks
Dividend stocks typically pay a dividend every three months. But that doesn't mean you have to settle for quarterly payments. If you invest in stocks that are on different payment schedules, that can ensure you have more frequent cash flow.
Three stocks that together can generate regular, monthly income for your portfolio are Merck & Co. (NYSE: MRK), Royal Bank of Canada (NYSE: RY), and Camping World Holdings (NYSE: CWH).
Merck is a top drug manufacturer with one of the best-selling products in the healthcare industry, Keytruda. The cancer drug is in danger of losing exclusivity later this decade but the company is working on a new formulation (that involves injecting it under the skin) that could extend some patent protection until 2040.
Source Fool.com
