Motley Fool

3 Stocks to Buy if You Want $1,000 a Month in Dividends

A portfolio of dividend-paying stocks provides the ballast for a rock-solid future and allows for a small portion of your money to be applied toward growth stocks or even riskier investments. Unilever (NYSE: UL), Altria Group (NYSE: MO), and Leggett & Platt (NYSE: LEG) are among the bluest of the blue chips when it comes to sharing the wealth with investors. For example, Unilever pays $2.02 per share annually, meaning you would need to buy 495 shares, which at over $52 a stub would cost you almost $26,000 for that one stock.

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