7 Dividend Stocks That Pay Me Over $500 a Month

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 richly rewarded over time. In today’s video, I’ll look at seven dividend stocks that collectively produce an average of $500+ per month in dividend income. One of those dividend stocks is an ETF, the Schwab US Dividend Equity ETF (NYSEMKT: SCHD).

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*The stock prices used were end-of-day prices as of February 1, 2024. The video was published on February 2, 2024.

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Mark Roussin, CPA has positions in AbbVie, Altria Group, Johnson & Johnson, Realty Income, Schwab US Dividend Equity ETF and Vici Properties. The Motley Fool holds positions in and recommends Realty Income, Vanguard S&P 500 ETF, and Vici Properties. The colorful fool…

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