Take a look at these four high-yield dividend stocks that pay out dividends every month.
You will probably agree that getting monthly dividends is preferable to receiving quarterly dividends. For those living off their dividends, monthly payments make more sense. After all, your living expenses don't happen quarterly; most bills come in monthly.
Wouldn't it be great to invest in some of the best monthly dividend stocks that also have high yields? That way you could have the best of both worlds: high dividend income that comes in monthly instead of quarterly.
Today we'll look at four high-yield monthly dividend stocks for monthly income. Three of them are real estate investment trusts. REITs are required by law to pay out at least 90% of their income to shareholders. One of the REITs we'll examine has a long dividend history, long enough to be one of only 274 Dividend Achievers, stocks with or more years of consecutive dividend increases.
Continue reading to look closer to those four…