7 Dividend Stocks That Pay Me More Than $500 Per Month

By Mark Roussin, CPA – Updated Feb 3, 2024 at 9:48AM

NYSEMKT: SCHD

Schwab U.S. Dividend Equity ETF

Market Cap

Today's Change

(-0.10%) -$0.08

Current Price

$77.48

Price as of April 26, 2024, 4:00 p.m. ET

These stocks pay safe, reliable, and growing dividends.

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 (SCHD -0.10%).

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*Stock prices used were end-of-day prices of Feb. 1, 2024. The video was published on Feb. 2, 2024.

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.

Mark Roussin is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.