When it comes to dividend investing, the power of compounding is very real. If you stay patient and invest in high-quality dividend stocks, you will be rewarded handsomely over time. In today’s video, I’ll look at seven dividend stocks that, combined, generate over $500 per month in dividend income on average. One of these dividend stocks is an ETF, the Schwab US Dividend Stock ETF (NYSEMKT:SCHD).
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*Stock prices used are closing prices on February 1, 2024. The video was published on February 2, 2024.
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Mark Roussin, CPA holds positions in AbbVie, Altria Group, Johnson & Johnson, Realty Income, Schwab US Dividend Equity ETF and Vici Properties. The Motley Fool has positions and recommends Realty Income, Vanguard S&P 500 ETF, and Vici Properties. The Motley Fool recommends Johnson & Johnson. The Motley Fool has a disclosure policy.
Mark Roussin is an affiliate of The Motley Fool and may be compensated for promoting his services. If you choose to subscribe via their link, they will earn extra money to support their channel. Their opinions remain their own and are not affected by The Motley Fool.
7 Dividend Stocks That Make Me Over $500 a Month was originally published by The Motley Fool
