"If you want $10,000 per month, or $120k a year, this is a tall order unless you have a huge portfolio. However, the three following stocks have a blended yield of 6.92% and all of them distribute their dividends on a monthly basis . This can shorten your timeline for receiving a 5-digit monthly check. And, you can have both your portfolio and the payouts grow . Monthly payouts are also more convenient for budgeting and compound faster."
"All of these properties are expected to see high demand in the future. Demographics are in your favor, as the aging population will keep property usage high. Moreover, drugs developed in one of its lab buildings may eventually be administered in one of its outpatient medical centers , and as patients age, they may transition to one of its care centers."
"DOC stock is down nearly 50% from its peak , but it has likely bottomed out and can aggressively rebound. Interest rate cuts make a rebound much more likely, as the company has to service $9.35 billion of debt. In FY 2024, operating income came in at $471.2 million , and net interest losses were $280.4 million. The forward dividend yield is 6.57%."
Three monthly-dividend stocks with a blended yield of 6.92% are presented as a way to accelerate income and compound returns through monthly distributions. Monthly payouts provide more convenient budgeting and faster compounding than less frequent dividends. Federal Reserve rate cuts are expected to lower Treasury yields and may prompt investor rotation into dividend stocks for higher yield. Healthpeak Properties (DOC) is a healthcare-focused REIT owning labs, outpatient buildings, and care communities that benefit from aging demographics and internal property synergies. DOC is down nearly 50% from its peak, services $9.35 billion of debt, reported FY2024 operating income of $471.2 million and net interest losses of $280.4 million, and carries a forward dividend yield of 6.57%. DNP Select Income Fund (DNP) is also listed among the monthly dividend options.
Read at 24/7 Wall St.
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