4 Monthly Dividend ETFs for Weekly Cash to Pay the Bills

I’ve found a way to combine the safety of a dividend fund with higher yields and get your dividends every week and all with just four stocks! I’ll reveal those stocks but stick around and I’ll show you how easy this is and the full list of monthly dividend funds.

Quick-Start Guides! FREE Step-by-Step Guides to Get Started Fast!

You start a spreadsheet and then go to the dividend history on Yahoo under Historical Data. Again here, we’ll change the time period and to show Dividends only to see all the ex-dividend dates for the fund. For example, here with the iShares Core Aggregate Bond ETF, the AGG, it typically goes ex-dividend in the first week of each month, in the first few days.

So we’ll note that in our spreadsheet and here we’re taking this a step further and noting for each fund, what asset class it gives you; whether it’s a fund of bonds, stocks, real estate or other assets. Now that’s important because not only do these ETFs give you the opportunity to reduce your risk across hundreds or thousands of stocks but also with exposure into bonds and other asset classes.

I’ll show you the entire monthly dividend ETF lis in the video but from there, it’s just a matter of separating the ETFs that pay out in different weeks of the month to make your plan. Lagging the ex-dividend dates for each stock by one week means you'll get those payments every week as well. It's consistent, reliable dividend cash flow.

There is a problem here in the lack of monthly dividend funds that pay out in the middle of the month but you can solve that by also buying a few monthly dividend stocks like I highlighted in the previous video. That way, you not only get consistent weekly cash flow but also some higher returns in stocks along with safety in the ETFs.

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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through dividend stocks, investing and ways to make more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
#dividendinvesting #dividends #dividendstocks

[josephhogue]

Check out the video description for links to three FREE quick-win guides I made for you! From opening an investing account to creating a plan and analyzing stocks, I'll guide you step-by-step!

[shars.]

You are a natural teacher. Nice enthusiasm and visuals with clear explanations.

[cblaze]

Would you ever consider putting together a diversified dividend portfolio video? It might be a long video but maybe like 5 stocks of each sector that you feel best about for the next 20-30 years.

[Hustles]

Been following the perfect dividend series and I'm up 6%. Plus I got sofi and I'm up 70%. I like this channel.

[robertatheriault]

Love all the great information in the video! Thanks for the link too! Great channel!

[OldLion]

This is pretty much my retirement strategy but a couple different ETFs. I have JEPI and SVOL but also APLY. Will be adding AMZY when it comes out.

[FoamandStuff]

I rather structure my dividend portfolio with the actual pay date rather than ex-dividend date. It’s better to know when you’re getting the dividend. Pay date can vary greatly compared to the ex-dividend date so it’s not going be week on week payments.

[JakeTraver]

9:18 - Exactly what I was thinking. Great minds think alike. 🙂

[bonsaibeanz]

So far I got 3 weeks covered for every month 😊

[joshuan]

fantastic content here, really solid approach

[DavidO.Cobra]

Thanks for these videos! Joined bow tie and Webull with your link.

[robbytodd]

Great video Joseph!!! The one question I have is do you know if the dividends from these ETFs are considered to be qualified verse non-qualified? I really appreciate the time and quality that you put into your videos.

[scottsmith]

Excellent strategy—-I will be rebalancing my portfolio with these ideas. 😊 💴

[TortoiseInvesting]

Having a plan before committing to an action is so important. You do the research, you learn what to look for, over time you will see results!

[Dividendcoaster]

@josephhogue what about a video on your take on suggested stocks/etf’s for an income generating portfolio (shooting for minimum 6% yield) but with lowest risk (of course)?

[rcdyer]

Hey Joseph, what do you think of TLTW? Waiting for Powell's announcement later this morning to buy more JEPI, SVOL and maybe buy some TLTW.

[TravelingNomad]

Good video but I own AMLP over AMZA same class better mang. and lower expense ratio.

[Andformerthingshavepassedaway]

BTW Joe hope your enjoying Florida ( anyway ud discuss some of the legit ultra high yields like Zim or yieldmax ? O figured u wouldn't be a fan of the Ladder I just mentioned.

[Nico-zjcv]

Thank you, Joseph, for sharing such great investing strategy!
I am wondering how is dividend taxed in the US? What is the US tax free dividend allowance per year? In the UK the allowance is £2000 and dropping to £1000 next year, so a UK basic rate tax payer pays 8.75% (33.75% for higher tax rate payer) tax on dividends earned over £1, 000 from 2024. Not sure if this strategy is tax efficient for working class investor in the UK.

[troyelisahughes]

Huh SVOL trades on volatility and not direction. I am learning about these strategies and have heard there are ways to trade options that make money if stock stay in a range or moves out of a range. I would like to trade volatility unfortunately I am still learning how to do options trading.