5 Dividend Stocks to Buy for $1000 a Month Income

How many shares of stock do you need to buy for $1000 a month in dividend income? How much should you invest for that monthly cash flow? I'll show you exactly how and highlight seven dividend stocks to buy now.

We all love dividend income but how much do you need to invest to make $1000 a month? How many shares should you buy in some of the most popular dividend stocks? I'll rank seven of the best dividend stocks with yields over 5% and how much you'll need to buy in each to collect $1000 monthly income.

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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.

Disclosures:
All content on this channel is for informational purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Trading stocks, ETFs, other securities, and/or cryptocurrencies poses a considerable risk of loss. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Should you need such advice, consult a licensed financial or tax advisor. When you make purchases through links in this video description, the author may earn a commission.

[vuongmarcus]

💖 Big thanks for the insights into TON and NVDA78Y. Both seem like solid picks for the future 💖

[austinbar]

I would think that a major benefit of dividend investing is that calculating portfolio size needed is not relevant. We don't care about the value of the portfolio. We care about the sustainable income it pays. As you invest you can gradually see the income rise as you invest more and pull the retirement trigger when it's high enough regardless of the market sentiment.

[RantTheRetort]

To make 12k a year in dividends, you need a lot of cash to invest. So start early and stay consistent.

[EstherRoss-gmqv]

After every downturn, there's usually a bounce back in the stock market. It's all about timing your investments and staying patient during the lows.

[NativePpl]

I also realized how much capital is needed for decent dividend income. Working on it 👍🏼

[TitleWaive]

EPD is great, but I hate the K-1 form...

[fedcba]

Typo? What is the last column in your last slide for "O"? 3millions?

[OldLion]

Thanks Joe. Love these dividend videos. Already had ABR. EPD is solid too but I think TRMD is better in that industry.

[nmwbwes]

You brought SPHY to my attention a few videos ago. I know you can’t count on stock price appreciation with this one, but this is an almost 8% yield that seems to easy and really safe if we head into a recession. Shouldn’t this be a dividend investor buy?

[grif]

Lots to think about. Thank you. Maybe the next vid could take this subject and overlay tax considerations. Very helpful. 10q again.

[matteohenry]

I sold an apartment in Springfield and made about $250K. I was frustrated when I only earned $171 in interest from a regular savings account. After doing some research, I was advised to invest in stocks. Are these stocks a good point to start from?

[JaniceLarryson]

I have over $200k ready to be invested, however I am having trouble trying to find out what investments would be best during this present economy. Heard index funds and ETFs provide diversified stock market exposure while spreading risk. How true?

[morrisgarage]

Really useful video. Great way to invest in face of uncertainty. Thanks Joe!

[Not_Sure_]

Thank you Joe.
I needed this. Isn't O overpriced ?

[ML-kslj]

Start small. Agnc pays my Netflix bill every month. Get it?

[tegan-xr]

Dividend Stock is most effective when approached with a long-term perspective. While dividends can provide immediate income, the true power lies in the compounding effect over many years. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

[alcax]

What are your thoughts on ellington financial?

[jayherring]

Is this a 1.000 a month total or per stock