These S&P 500 Dividend Stocks Are Quietly Crushing the Index - And Paying You Monthly

"Among the S&P 500 companies that pay dividends, the vast majority of them distribute cash payments to the shareholders once every three months. Only a few of them pay dividends on a monthly basis. I discovered three monthly-paying S&P 500 dividend stocks with something special in common. Notably, all three of them have recently outperformed the S&P 500 index in terms of share-price gains."

"Realty Income bills itself as "The Monthly Dividend Company." The company's monthly dividend distributions during the past year have been around $0.27 per share per month. Real estate firms in the S&P 500 will often offer tempting yields to prospective investors. At the moment, the expected forward annual dividend yield for Realty Income stock is 4.8%."

"As it turns out, the S&P 500 is down 1.7% over the past month. In contrast, Realty Income stock is up 8% during that time."

Most S&P 500 dividend-paying companies distribute cash quarterly, but a select few pay monthly. Three monthly-paying S&P 500 dividend stocks have recently outperformed the broader index while offering attractive yields. Realty Income (O), a major real estate investment trust with over 15,500 properties, is one such stock. Known as "The Monthly Dividend Company," Realty Income distributes approximately $0.27 per share monthly and currently offers a 4.8% forward annual dividend yield. Over the past month, while the S&P 500 declined 1.7%, Realty Income stock gained 8%, demonstrating recent outperformance relative to the broader market.

Read at 24/7 Wall St.