Generate Consistent Monthly Income with High-Yielding Stocks

Earn $200 Monthly Dividends: Invest $36,000 in These 3 Stocks

Investing in dividend stocks is a strategy to generate consistent monthly income. However, to ensure a continuous flow of dividends, consider investing in stocks that pay out at different times during the quarter.

High-Yielding Stocks:

• Innovative Industrial Properties (NYSE: IIPR): Real estate investment trust focusing on the cannabis industry with proven financial stability. Quarterly dividends of $1.82 per share. Yields 6.4%.
• AT&T (NYSE: T): Telecom giant with a safe dividend track record and solid financials. Quarterly dividends paid in February, May, August, and November.
• Enbridge (NYSE: ENB): Canadian-based pipeline company with a high yield of 7.3%. Quarterly dividends paid in March, June, September, and December.

Investing $36,000 in these three stocks can provide a steady monthly income of $200. Diversification across these dividend-yielding stocks offers a balanced approach to income generation.