Get Paid Monthly Dividends With Blue Chip Stocks!

Get Paid Monthly With Blue Chip Stocks!

I’m going to show you how to get paid with only 3 STOCKS!

You can choose to buy these, or research additional ones and do the same with those.

This is one of the smarter ways to get paid by Qualified Dividend-paying stocks every single month!

 

In this example we will use 3 stocks, we have $1,000 to Invest

  • Automatic Data Processing (ADP)
  • Procter & Gamble (PG)
  • Johnson & Johnson (JNJ)

All of the stocks mentioned above have quarterly dividend payouts.

Automatic Data Processing (ADP) the current price $101.83 and has been paying out dividends for 42 Yrs and returns a 2.24% or $2.28 per year for each stock held.  ADP pays a quarterly dividend in January (1), April (4), July (7) & October (10).

 

Procter & Gamble (PG) the current price $86.77 and has been paying out dividends for 60 Yrs and returns a 3.18% or $2.76 per year for each stock held.  PG pays a quarterly dividend in February (2), May (5), August (8) & November (11).

 

Johnson & Johnson (JNJ) the current price $131.22 is our last and third stock it has been paying out dividends for 54 Yrs and returns a 2.56% or $3.36 per year for each stock held.  JNJ pays a quarterly dividend in March (3), June (6), September (9) & December (12).

That’s 3 stocks that each pay a quarterly dividend on different months!

 

 

In this example let’s say we have $1000.

We want to split by 3 stocks so… $1000/3 = $333.33.

We buy 3 shares of each stock shown below;

PORTFOLIO  
Ticker Shares Imported Company Name Current Price Original Cost Manual
Dividend
Yield Annual Income Monthly Income
ADP 3.00 Automatic Data Processing $101.35 $304.05 $2.28 2.25% $6.84 $1.71
PG 3.00 Procter & Gamble Co $87.10 $261.30 $2.76 3.17% $8.28 $2.07
JNJ 3.00 Johnson & Johnson $132.60 $397.80 $3.36 2.53% $10.08 $2.52
        Original Cost     Annual
Income
 
        $963.15     $25.20  

M1 Finance

We are shown that we make,

$1.71  Paid four times a year on Months 1/4/7/10.

$2.07 Paid four times a year on Months 2/5/8/11.

$2.52 Paid four times a year on Months 3/6/9/12.

Total of $25.20 in a year.  If we choose to reinvest through (DRIP) to purchase fractional shares it can be higher.

 

I showed you how to get paid every single month using quarterly paying blue chip stocks!

You can research and purchase additional shares of your chosen stock(s) to get paid more or you can add more blue-chip stocks to your portfolio and get paid 2 or 3 times per month.

 

 

I hope you enjoyed this article. If you liked this page, please share it with your friends on Facebook & Twitter.  I want to know what’s on your mind and get ideas on how you are planning on investing in your future.

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