Most dividend-paying stocks do so on a quarterly basis, but
you can find equities that will pay you each month. If you reinvest dividends,
you can grow a position more quickly by buying shares each month. For those who
invest in dividend stocks for income to live on, monthly dividends make it
easier to keep up with monthly bills.
Beware of companies that declare an aggressive monthly
dividend simply to attract investors. Instead, look for companies that have a
sustained history of making monthly dividend payments, along with a track
record of sustainable revenue and income growth.
The following are our five top picks for reliable companies
that pay monthly dividends. All figures given are current as of March 10, 2018.
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