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The Monthly Income Machines: 3 Stocks Delivering Consistent Dividends

One of the fundamental advantages of monthly dividend stocks is of course the frequency. Receiving payouts every 30 days or so, investors have the opportunity to reinvest the funds back into the target company or other ideas. Plus, in an inflationary environment, money today is always worth more than money tomorrow.

Second, life basically occurs in monthly cycles. Whether we’re talking about your rent, your car payments or your utility bills, these come up every time the calendar turns a new page. By receiving funds 12 times out of the year instead of four, it’s easier to live off the passive income.

With that, here are intriguing ideas to consider for monthly dividend stocks.

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