March 27, 2018

4 Monthly Dividend Stocks -- 2 Buys, 2 Sells


If you’re planning to retire (or are currently retired), I urge you to become intimately familiar with monthly dividend stocks. They offer the ultimate consideration: income payments that actually line up with your monthly bills.

Today, I’m going to help get you started by introducing you to four monthly dividend payers that yield up to 12%. But first: What’s so great about this type of stock?

When you pay your bills – be it the mortgage, the electricity, the TV – you don’t sit down at the kitchen table to do that every quarter. You do it every single month. But most dividend stocks don’t keep the same kind of schedule. American stocks typically pay shareholders once every three months.

Monthly dividend stocks, however, help you to tackle regular expenses without worrying about fluctuations in payouts depending on timing. And these every-30-day payers also have a couple of additional benefits, too:

- It’s a sign of stability: Promising a dividend check every single month is a bold promise that a company wouldn’t make if it wasn’t serious about keeping (and even raising) the payout.
- Faster gains. Even if you have 20 or 30 years left to retirement, a monthly payout can be put back to work more quickly than a quarterly one. A monthly payer, in fact, can generate thousands of dollars more in additional returns via reinvested dividends over the course of a couple decades than a quarterly payer with the same yield.

Are all monthly dividend stocks perfect? Far from it. Today, I’m going to show you four payers yielding between 4% and 12%. Two should make your wish list, while two are proof that even monthly dividends aren’t always perfect.





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