9 Dividend Stocks That Pay Me $3,100 Per Month

hey everyone welcome back to the channel so in today's video I'm going to share nine dividend stocks that pay me a few thousand dollars a month now keep in mind this is something that has taken me a pretty long time to build up uh so when I first started investing into dividend stocks I was making a couple dollars per year and then over time I was able to build it up uh after probably almost 10 years now so I want to share in this video some of the stocks that are in that dividend portfolio of course as always this is not Financial advice I'm just a guy on the internet sharing my portfolio with you uh and some of the reasoning for why I have some of these dividend stocks in my Investment Portfolio so let's go ahead get started with this if you're new here the channel and you want to see more videos like this don't forget to subscribe um and then of course if you want to get started investing you can check out MooMoo which is offering up to 17 free stocks at the moment it's a pretty great deal when you sign up for an investment account through that platform so I'll leave a link Down Below in the description um for you to go and sign up for them so uh let's start off here and let's talk about kind of what changed in the dividend portfolio because last year I made a video about this sharing some of the seven stocks uh that were in my portfolio now a couple things happened um I ended up selling Exxon Mobil uh I wrote that up pretty well and I felt like at the time uh today I feel like even though energy has a decent future in the next few years I still thought there might be some better opportunity so I ended up selling Exxon taking a nice profit on that and of course still pays a great dividend have nothing really against it I just think there might be better opportunities sold my PPL sold some others as well so let's talk about these nine different stocks the first one and I actually added this one very recently like last week is Home Depot stock so Home Depot if you're not familiar with it in the U. S it is a company that is really focused in the Home Improvement area I think this is a sector that is really difficult to disrupt you don't really have like Amazon or some of these online retailers disrupting lumber sales and a lot of Home Improvement and things because a lot of people who are buying from them are working on big projects they want to go in person pick it up with their truck I really like Home Depot right now they're paying a pretty solid dividend so right now Home Depot is trading at around 295 dollars it certainly has had a pretty great run-up over the past 10 years whenever I see companies that have really been moving quite a bit sometimes I get a little bit concerned worried that maybe the stock might be overvalued but then when you actually look at their fundamentals and you look at how much cash Home Depot is pulling in and the amount of cash that they're just following every single quarter uh it does feel pretty good so right now Home Depot stock is paying two dollars and nine cents in a quarterly dividend of course this can change depending on if their profit margins maybe get a bit thinner then they might have to lower this dividend but I think overall they do have a pretty solid chance of keeping that up so 2. 9 cents per share per quarter so if you had 100 shares of Home Depot stock you would be getting about 800 in dividends per year are from Home Depot if you had one chair you'd be getting about 2. 9 cents per quarter times four would be but a bit over eight dollars per year in essentially passive income for owning a stock like this now let's talk about the next company that's in my portfolio and this one is also one that I actually bought relatively recently so uh this is Norfolk Southern Corporation so this is in the railway industry which you know I said this last year because I made a video um and one of my dividend stocks were a Union Pacific which is also another rail company in the United States and I had a lot of people reach out to me and say Nate why would you invest into a railroad company this feels like the 1800s it doesn't make very much sense but when you actually look at how much money is coming in the door once again for a company like Norfolk Southern they're pumping billions of dollars profit per year and so the reason why I bought this recently is because there was a big incident uh recently where now the stock has dropped about 14 percent in the past month there's a bit of a derailment there were some issues but I think that overall this is going to end up being a buying opportunity for a company like Norfolk Southern and this is why I entered into it now they have a PE of about 15 their dividends paying about two and a half percent I think it's like 2. 44 as a total dividend yield so I think it's a good position to be in right now they're certainly going to get sued they're going to have some other issues I think but as this stock comes down I'm going to start buying more because it's the rail industry uh people have to understand how important Railways are in the United States they are transporting so many goods different things that you can't just throw in the back of a tractor trailer and driving across the country we need the rail industry for so many different categories um and there's we're not building any more of them right and so they can continue to increase prices um so I think it's overall one that I'm happy to have in my portfolio for the long term so the next company that I have in my portfolio and by the way I

just want to make this clear that of these nine stocks they're not in any particular order some of these are larger smaller positions I'm just going to keep those a bit private so the third stock in my portfolio is Air Products now I mentioned them last year because this does make up a decent amount in my portfolio so Air Products and chemicals this is a company that is actually based in Pennsylvania this is why I'm familiar with them I've known this company for my entire life but right now they're paying a 2. 5 percent yield on their dividends so it's about 1. 75 per quarter average that out over a full year and that comes out to about seven dollars per year in annual dividends you'd be getting from company like this now there's a lot of reasons why I like Air Products um of course the number one thing I always look at with dividend stocks is their ability to pay out right and make sure that they can sustain that dividend I mean Air Products has paid a dividend for as long as I can remember my entire life and because they've always been very profitable as a company about 10 years ago I think it was 10 years ago they had a new CEO come in I know Bill Ackman was involved and they kind of tried to turn around the company and they actually did and it worked out pretty well they sold off a lot of their chemical division um and right now they're so focused on some really key industries that I think are underserved and they don't have a lot of competitors there's really two other big competitors in the world besides Air Products um which is air gas and uh Linda which is German but I think Air Products leaning really heavy into the hydrogen sector is going to pay off big for them and the other good thing about a company like this is they are extremely Diversified so even during something like with all of this inflation that we've had over the past year uh Air Products really does have some pretty great pricing power and they're able to pass most of the price increases onto their customers which is just in their contracts so overall it's a company that has really treated me well for the entire time that I've held this stock 362 billion dollar market cap I think they have room to grow and they're also I would say semi-recession proof of course if we see big drops in like industrial demand then yes Enterprise is probably going to get hit a bit but if you look at their core customers a lot of these end up being uh um a lot of other industrial uses right a lot of oil and gas companies or even governments and different uh projects that I think are going to be used regardless of whether consumer consumption declines a bit or not during this upcoming recession so overall I do like the company it has been pretty steady and since I had my portfolio last year when I made the video I think it was about it's up about 13 to 14 percent since I talked about it last year so not only have I been getting a two to three percent dividend on that but it's also increase in value over the past year so I do like this company quite a bit now let's talk about the next dividend stock in my portfolio which is one that I did add this year very recently so a new addition to my portfolio this year was Beric gold now I try not to have too many miners in my portfolio but I do think that this is another area that has been overall under invested into and you know I don't want to go on rants about the mining industry but I think overall uh it has been pretty underinvested into especially in the past really since we had the last Commodities boom and then bust uh in like 2012 2013 we saw this massive drop off in investments into this category so Barrett gold um you know I don't actually own this for the dividend I kind of just viewed as the cherry on top here I actually own it just for other reasons so I think the Stock's going to go up but of course this is not advice um but right now they're paying 10 cents per share as a dividend um you have to be careful with a company like this because they might end up cutting this like last quarter it was 15 cents per share now it's 10 cents per share so I'm getting 40 cents per share as a dividend which I don't know the math on that but it comes out to probably about three percent annual dividend that I'm getting from this company and this right now actually does make up a big portion of my dividend portfolio but as I said I'm not really counting on it long term because they might end up cutting that if gold prices go down and they're not as profitable as they once were they're going to cut that they actually have the terms on their site which I find very helpful on their investor relations site where you can see kind of their game plan of whether they're going to raise or decrease their dividend based on how much money they're pulling in but it is one certainly does pay me quite a bit quarterly so I had to include it in this video so the next one that I added into my portfolio recently was realty income as we saw kind of real estate sell off a bit last year I realized that you know I don't think we're going to see like a 2007 housing crash like what we did previously in the last recession and I think a lot of people are reading it wrong and they're expecting like uh to have a big credit bubble again and like The Big Short right

I don't think that's going to play out I think banks have been a lot more astringent on who they're getting loans to um and so that's why I invested into realty income this is one of the biggest REITs out there REITs do act a little bit different and you could argue that it's technically not a dividend um but I wanted to include in this video because it is providing me with a level of passive income so right now it's averaging out to about 4. 64 as a dividend annually um but the total payment is 76 cents per quarter so multiply that by four and that comes out to about three dollars and four cents per year per share that I'm getting on this uh for owning realty income so realty income this is a real estate investment trust look they own so many different uh units in the United States and Spain in the UK a lot of them are actually triple net leases so they do a lot of corporate leases as well so I think overall it's pretty stable I mean of course look if you go back and you look at REITs and what happened to that them back in 2008 they did pretty bad and some of them went under some of them just totally collapsed so there is risk with this but along with that you are getting a higher yield on your money as well so weighing the risks for me right now it feels like it's worth it to have it in my portfolio but for you maybe not it really does depend on a lot of things um now one thing before we get into the next ones I want to remind you that you got to be careful chasing dividend yields and anything really over like a five or six percent dividend yield annually should be a bit of a red flag it doesn't mean that the stock is going to be a bad stock long term but if a company's paying like 10 dividend yield or 20 percent be careful because in a lot of cases it's not sustainable right and so just make sure you do your due diligence there and that's why like a 4. 64 is pretty good but if it starts getting higher and it's like eight or nine or ten percent I start to be a little bit more wary and really digging into it deeper to make sure that payment is sustainable so the next company that added into my dividend portfolio this one's very interesting and this is actually Altria so Altria is a tobacco company which I've had different thoughts on whether or not I should add this to my portfolio but watching what happened with when they acquired a large portion of Jewel and then had to basic write off that entire investment and they basically had to write off billions of dollars when they made that announcement Altria got hit pretty hard and their stock price went down to the very low 40s like 41 42 dollars a share which is when I picked it up and so the reason why I like this company as an investment is because the dividend yield is very attractive and I believe to be pretty uh sustainable and stable as a dividend so it's yielding about eight percent um and what I do with this stock so it's 94 cents per quarter which comes out to uh just under four dollars per year and it's only a forty seven dollar stock right so if you had a thousand shares of this you could be getting about four thousand dollars per year um for owning this stock just under four thousand dollars right but what I did with this one this is a lot different because I I'm not a long-term believer in something like the tobacco industry but they're pumping so much cash that what I do is I take the money from this dividend stock all the payments and I take that money instead of reinvesting it back into this the company I invested into other dividends docs most of my dividend stocks in my portfolio I will reinvest those dividends back in so I can buy more shares through the dividend reinvestment program that my broker allows me to do but with Altria I don't think this company's going to be like long term over 30 years going to be doing extremely well and so that's why I'm just extracting this money and I'm putting it elsewhere but we'll see how long I end up holding it I mean I've done really deep dives into the tobacco industry and if you have done that as well you'll know that there's no competition there's basically no other competition is allowed and very much stable quite a bit of pricing power so yeah that's one of the stocks that I have in my portfolio it's a pretty small position but it does pay a pretty solid dividend so the other stock that I still have in my portfolio from last year when I made that video where I shared my portfolio is JPMorgan so I love JPMorgan I think it is the best bank out of all of the different financial institutions in the world I actually just got finished reading a bit massive book on the house of Morgan really fascinating but I think Jamie Diamond is a great CEO right now they're paying uh one dollar per share per quarter so it comes out to four dollars per year and the dividend yield is about 2. 91 percent so last year when I mentioned this stock I think it was around 150 some dollars per share so it has actually gone down and even including the dividend payments that I've gotten you could probably say that I probably have lost money on JP Morgan over the past 12 months but that's okay because I really do feel as though this bank is the most stable Bank out of all

of them if you look at their balance sheets they have a lot of cash on the balance sheets they have this really great basically Financial Fortress they were the ones bailing people out in the financial crisis in 2008 when a lot of other Banks were failing JP Morgan was there they were not failing um and I think that's for a reason so there's two more dividend stocks that I have in my portfolio right now um one of them is PepsiCo look this is a company that's been around for an extremely long time I'm sure you already know what Pepsi does um but I like this for a couple of reasons I think the biggest one is that they have great pricing power and if you understand the beverage industry there's not a lot of players anytime someone comes up with a new drink like look at Logan Paul with this Prime sports drink someone's going to buy it it's either going to be Pepsi it's gonna be Coca-Cola there's not really many other people who are going to buy it so I think they have great pricing power they're able to continue to push their higher prices onto consumers we've seen that recently they made those earnings announcements they're paying a pretty decent dividend 1. 15 cents per quarter which comes out to what is that um four dollars and sixty cents per year which is a 2. 61 percent dividend yield on this stock and just look at the long-term results of PepsiCo it's pretty stable I mean they've had some drops they've had some issues back in 2007 when pretty much every company went down they lost about 30 percent of their value but other than that I mean this company has been pretty Rock Solid that doesn't mean that they're not going to have any issues in the future but I do like PepsiCo as a whole and the last one that I want to share with you is actually not one specific stock but it is an ETF so the Vanguard High dividend yield ETF the ticker for this is vym and I like this because it kind of takes away from me having to identify specific companies and I'm kind of shifting into this more I might continue to add to it and kind of decrease some of my other dividend Holdings just so that I can be very passive with this um it and right now I think it's paying out about three percent annually in dividends I'm not quite sure I need to look that up but it also has a very a low expense ratio which I find to be very great for an ETF always be careful on ETFs if you're paying high expense ratios really anything over like half a percent is kind of ridiculous that's why I like the Vanguard funds so if you don't know which dividend stocks to buy or maybe you're not good at analyzing stocks then I would consider looking at something like one of these Vanguard High dividend ETFs they also have some other dividend ETFs as well that you can look into they have some REITs and some other read ETFs that you can look at as well of course there's always going to be risk with everything but I think overall that's one that I feel pretty safe with so those are the dividend stocks that I have in my portfolio now at the moment there's also Waste Management I didn't mention them because 10 stocks would just be a weird title I think nine looks better but I still like Waste Management I've always had that company in my portfolio so those are the main stocks that I have in my portfolio in my dividend portfolio yes it's paying out a few thousand dollars per month on average but it really does depend on the month some months it's going to be a lot more than that some months is going to be less because every company pays out their dividend on a different day and on a different month so um you know it's provided me with a nice stable income I think I can't retire now because inflation is running quite a bit so that definitely is unfortunate but hopefully we can make this video next year with an update and what's my hopes that dividends increase of course once again so thank you for watching the video I hope you found it valuable don't forget to get your 17 up to 17 free stocks on MooMoo using the link below in the description you can use those stocks to hopefully start buying more dividend stocks so thanks for watching the video and I'll see everybody in next week's video