When it comes to dividend investing, the power of compounding is very real. If you remain patient and invest in high-quality dividend stocks, you will be rewarded handsomely over time. In today’s video, I will look at seven dividend stocks that combine to average $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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*Stock prices used were end-of-day prices of Feb. 1, 2024. The video was published on Feb. 2, 2024.
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Mark Roussin, CPA has positions in AbbVie, Altria Group, Johnson & Johnson, Realty Income, Schwab U.S. Dividend Equity ETF, and Vici Properties. The Motley Fool has positions in 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.
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7 Dividend Stocks That Pay Me More Than $500 Per Month was originally published by The Motley Fool