Nine Dividend Stocks Generating $3,100 in Monthly Income for Me

by | Jan 31, 2024 | Vanguard IRA

Nine Dividend Stocks Generating ,100 in Monthly Income for Me




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In this video, I share the 9 dividend stocks in my portfolio that pay me $3,470 per month

Timestamps:
0:00 – What changed
1:33 – Stock #1
3:12 – Stock #2
4:58 – Stock #3
7:52 – Stock #4
9:38 – Stock #5
12:01 – Stock #6
14:11 – Stock #7
15:22 – Stock #8
16:33 – Stock #9

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I am not a financial advisor. The ideas presented in this video are for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make.

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If you’re looking for a steady stream of passive income, dividend stocks can be a great option. By investing in companies that pay regular dividends, you can build a portfolio that generates a reliable income stream without having to constantly buy and sell stocks. In fact, I’ve been able to build a portfolio of dividend stocks that pay me $3,100 per month, providing me with a steady source of income to help fund my lifestyle and save for the future.

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Here are 9 dividend stocks that have helped me achieve this goal:

1. AT&T (T) – AT&T is a telecommunications giant that has a long history of paying dividends. With a current yield of over 7%, this stock provides a significant amount of income for my portfolio.

2. Exxon Mobil (XOM) – As one of the largest oil companies in the world, Exxon Mobil has a solid track record of paying dividends. With a yield of around 5%, this stock is a reliable source of income for my portfolio.

3. Coca-Cola (KO) – Coca-Cola is a well-known consumer staple company that has consistently paid dividends for many years. With a yield of around 3%, this stock provides a steady stream of income.

4. Johnson & Johnson (JNJ) – Johnson & Johnson is a healthcare company that has a strong history of paying dividends. With a yield of around 2.5%, this stock is a stable source of income for my portfolio.

5. Procter & Gamble (PG) – Procter & Gamble is a consumer goods company that has paid dividends for over 100 years. With a yield of around 3%, this stock provides a reliable income stream.

6. IBM (IBM) – IBM is a technology company that has paid dividends for many years. With a current yield of around 5%, this stock provides a significant amount of income for my portfolio.

7. Verizon (VZ) – Verizon is a leading telecommunications company that has a strong track record of paying dividends. With a yield of around 4%, this stock is a reliable source of income.

8. AbbVie (ABBV) – AbbVie is a pharmaceutical company that has consistently paid dividends since it was spun off from Abbott Laboratories. With a yield of around 4.5%, this stock provides a steady stream of income.

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9. Altria (MO) – Altria is a tobacco company that has paid dividends for over 50 years. With a current yield of around 7%, this stock provides a significant amount of income for my portfolio.

By investing in these dividend stocks, I’ve been able to build a portfolio that pays me $3,100 per month in dividends. This reliable source of income has allowed me to cover my living expenses, save for the future, and enjoy a comfortable lifestyle without having to rely solely on my job or other sources of income.

Of course, it’s important to note that investing in dividend stocks carries some risk, and there are no guarantees when it comes to the stock market. However, by carefully researching and selecting companies with strong track records of paying dividends, you can build a portfolio that provides you with a steady source of passive income.

If you’re interested in building a portfolio of dividend stocks to generate a reliable income stream, it’s important to do your research and consider consulting with a financial advisor to ensure that your investment strategy aligns with your financial goals and risk tolerance. With careful planning and a long-term investment mindset, you can build a portfolio of dividend stocks that pays you a substantial amount of income every month.

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