Our utility, mortgage and a host of other bills come monthly. Wouldn’t it be nice if our retirement income also arrived at the same predictable time.
Unfortunately, the majority of dividend stocks pay quarterly. And for those of us planning to use dividends as our source of income in retirement, this makes for a lumpy income stream.
But there’s a handful of companies that pay monthly. The question is, which ones are worth buying?
Of the 35 U.S.–listed stocks paying monthly dividends, 16 are real estate investment trusts (REITs), 12 are investment trusts, 6 are energy royalty trusts and one is a gold miner. Fourteen of these stocks are microcaps with a market capitalization less than $250 million, and five have a market value less than $100 million.
So clearly, there’s work to be done to separate the wheat from the chaff.
The good news is, that’s exactly what our resident dividend expert and editor of Forbes Dividend Investor & Forbes Premium Income Report, John Dobosz did.
We’re thrilled to share with you the result of John’s meticulous research in 5 Standout Monthly Dividend Stocks To Buy. In this exclusive free report, you’ll discover outstanding stocks that have what it takes to not only continue paying their monthly dividends but to grow them. They have the cashflow to support their payouts and have solid track records of increasing their dividends over time.
Not all dividend stocks are created equal. Download this free report now and get the names of these standout companies that can put predictable cash in your pocket.