Most dividend stocks make quarterly payments, which can complicate regular passive income for covering monthly expenses, necessitating staggered payment schedules. A more straightforward solution is to invest in monthly dividend stocks, particularly real estate investment trusts (REITs) like Agree Realty (NYSE: ADC), EPR Properties (NYSE: EPR), and Stag Industrial (NYSE: STAG), which offer higher-yielding dividends. These stocks are recommended for purchase in May to facilitate consistent monthly passive income.
