The 5 Highest-Yielding Monthly Dividend Stocks Deliver Gigantic Passive Income Streams
Briefly

The article emphasizes the importance of passive income, particularly from monthly dividends, as a strategy to manage financial pressures amidst rising inflation. According to the IRS, passive income includes earnings from various investments where individuals do not actively participate. The ongoing inflation, currently at 3%, continues to elevate costs on essential goods and services, making consistent passive income crucial for maintaining financial stability. The article also highlights the contribution of dividends to overall investment returns, suggesting that investors should consider leveraging monthly dividend stocks for regular income.
Getting a monthly dividend payment can help battle the ongoing inflation, which is resting at 3% but feels much higher on many items.
Read at 24/7 Wall St.
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