Many dividend investors seek solid passive income from quality dividend stocks. Passive income is a steady stream of unearned income that does not require active traditional work.
A monthly check from your stock portfolio makes sense for most people with bills and expenses due every 30 days. A steady stream of passive monthly income can be a huge help in meeting those obligations.
We screened our 24/7 Wall Street research database for quality companies rated Buy at major Wall Street firms that paid monthly dividends. Five seem like great ideas for passive income-oriented investors seeking upside appreciation.
This post originally appeared at 24/7 Wall St.