"Dividend yields are a driving priority among many investors, especially retirees and others who are dependent on dividend income for paying living expenses. An emerging secondary demographic consisting of Gen-Z and some Millennials who use high monthly dividends in a dividend compounding program for wealth building purposes has also arisen. Exchange Traded Funds (ETF) and Closed End Funds (CEF) that pay high monthly dividends are numerous and offer a wide range of choices."
"In order to identify a stock that can pay a high yield monthly dividend, there are only a few industries that are able to generate such high income from which to search: real estate, business development companies, and commodity and energy. All three of these industries involve regular monthly cash flows generated through rent rolls, interest payments, monthly billing, etc."
"In order to go public in the US capital markets, Real Estate Investment Trusts (REIT) are required to fork over 90% of their profits. That said, the REIT sector has several aspects and specialties - and not all of them involve direct, bricks and mortar real estate to classify as a REIT, such as the popular Realty Income Corp. (NYSE: O), which is best known for its huge 15,000 triple net lease commercial properties portfolio."
Dividend yields drive many investors, particularly retirees who rely on dividends for living expenses and a growing group of Gen‑Z and Millennials who use monthly dividends for compounding and wealth building. ETFs and CEFs that pay high monthly dividends are numerous and offer many choices, while individual stocks with reliable high monthly payouts are much rarer. Only a handful of industries can routinely generate monthly cash flows sufficient for high monthly yields: real estate, business development companies, and commodity/energy firms. Five lesser‑known stocks are presented as candidates for portfolios seeking high monthly income, with yields shown on a $10,000 investment basis using contemporaneous market prices.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]