Published on 30 Jan 2023 on InvestorPlace via Yahoo Finance
One of the best ways to establish reliable income is to invest in growth stocks that pay monthly dividends.
If you rely on dividend stocks for a steady income stream, then these may be better than a stock that pays a reliable quarterly dividend.
Growth stocks that pay monthly dividends make it easy to bring in some passive income. If you are reinvesting those payouts instead of spending the cash for living expenses, then a monthly dividend payout can help you grow your portfolio a little faster than having to wait until the end of a quarter to get your payout.