These Stocks Pay You Monthly
I love dividend stocks, but they’ve always had one big
problem: you only get paid every three months.
That creates a headache for those of us who rely on our
portfolio income to pay the bills. Sure, we can sync quarterly distributions to
pay the bills, but it’s not really convenient.
Bonds make it even harder. By convention, most fixed-income
investments only pay you semi-annually. Aside from the hassle of just managing
our cash flow, no one wants to wait that long just to get paid.
Thankfully, we have options. Over the past few years, a
growing number of companies have started paying dividends monthly. In the
traditional world of Wall Street, the shift presents a big change from the
typical quarterly schedule.
And it’s not hard to see why some businesses have switched.
Companies gain a loyal shareholder base. Investors can better match their
dividend income with expenses. You could call it a real win-win for everyone.
New investors won’t find many widely held stocks in this
group. You can, however, find enough high-quality businesses to build a
reliable stream of monthly income.
No comments:
Post a Comment