Where To Invest $1,000 A Month In Dividends? Redditors List Their Favorite Stocks And ETFs – Yahoo Finance
Looking for the best places to invest $1,000 a month in dividends? Redditors have shared their favorite stocks and ETFs that pay out dividends. Here are some popular choices:
1. Apple (AAPL): This tech giant is known for its consistent dividend payouts and strong financial performance.
2. Microsoft (MSFT): Another tech powerhouse, Microsoft offers a solid dividend yield and has a history of increasing its payouts.
3. Coca-Cola (KO): This consumer goods company is a favorite among dividend investors for its stable returns and long track record of dividend payments.
4. Johnson & Johnson (JNJ): A healthcare company with a diversified portfolio, Johnson & Johnson is a popular choice for dividend investors seeking stability.
5. Vanguard Dividend Appreciation ETF (VIG): For those looking for a diversified option, this ETF tracks companies with a history of increasing their dividends over time.
6. SPDR S&P 500 ETF Trust (SPY): This ETF offers exposure to the overall market and includes companies that pay dividends, making it a popular choice for dividend investors.
By considering these stocks and ETFs, investors can build a well-rounded dividend portfolio that can provide steady income over time. Remember to do your own research and consult with a financial advisor before making any investment decisions.