5 ETFs That Pay Monthly Dividends For Retirees
Briefly

Monthly-pay equity income ETFs provide regular cash flow that aligns with monthly household obligations. The JPMorgan Equity Premium Income ETF (JEPI) yields about 8.3% monthly and is managed by experienced professionals, appealing to income-focused retirees. The Global X U.S. Preferred ETF (PFFD) and Global X SuperDividend REIT ETF (SRET) each yield over 8% and may benefit if interest rates fall. Invesco KBW High Dividend Yield Financial Portfolio (KBWD) and Global X SuperDividend ETF (SDIV) offer higher yields, up to about 13.37%, but carry greater risk and potential leverage. Advisor-matching tools are available for retirement planning assistance.
[00:00:11] Lee Jackson: I do, because think about it, almost every dividend paying stock pays quarterly and which is okay 'cause that's every 90 days. But hey, if you are, if you're a retiring, or you're a baby boomer and you're taking social security and, you're trying to buffet that with supplemental passive income. That's where the monthly pay ETF comes in real handy because, for the best of my knowledge, mortgages are paid monthly, not quarterly.
The Global X U.S. Preferred ETF (NYSE: PFFD) and Global X SuperDividend REIT ETF (NASDAQ: SRET) target preferred stocks and real estate income, respectively, each yielding over 8%, and stand to benefit when interest rates decline. Invesco KBW High Dividend Yield Financial Portfolio (NASDAQ: KBWD) and Global X SuperDividend ETF (NASDAQ: SDIV) provide exposure to high-dividend-paying global and financial stocks, with yields as high as 13.37%, though they carry higher risk and potential leverage.
Read at 24/7 Wall St.
[
|
]