What stocks pay monthly dividends?
Reinvest Your Payments
The truth is that most investors won't have the money to generate $1,000 per month in dividends; not at first, anyway. Even if you find a market-beating series of investments that average 3% annual yield, you would still need $400,000 in up-front capital to hit your targets. And that's okay.
- Realty Income (O) Realty Income is a REIT whose identity is predicated on monthly dividends, as it calls itself “The Monthly Dividend Company.” ...
- SL Green (SLG) ...
- STAG Industrial (STAG) ...
- AGNC Investment (AGNC) ...
- Apple Hospitality REIT (APLE) ...
- EPR Properties (EPR) ...
- Agree Realty (ADC)
Reinvest Your Payments
The truth is that most investors won't have the money to generate $1,000 per month in dividends; not at first, anyway. Even if you find a market-beating series of investments that average 3% annual yield, you would still need $400,000 in up-front capital to hit your targets. And that's okay.
Dividend Stock | Current Dividend Yield* | Analysts' Implied Upside* |
---|---|---|
Home Depot Inc. (HD) | 2.5% | 10.5% |
Procter & Gamble Co. (PG) | 2.4% | 15.4% |
Johnson & Johnson (JNJ) | 3.1% | 25.3% |
Merck & Co. Inc. (MRK) | 2.4% | 10.6% |
If you were to invest in a company offering a 4% annual dividend yield, you would need to invest about $900,000 to generate a monthly income of $3000. While this might seem like a hefty sum, remember that this investment isn't just generating income—it's also likely to appreciate over time.
- ARR. ARMOUR Residential REIT Inc. 18.16. 0.13.
- ORC. Orchid Island Capital Inc. 8.27. ...
- AGNC. AGNC Investment Corp. 9.15. ...
- OXSQ. Oxford Square Capital Corp. 3.16. ...
- EARN. Ellington Residential Mortgage REIT. 6.72. ...
- SLRC. Solar Capital Ltd. 15.12. ...
- PFLT. PennantPark Floating Rate Capital Ltd. 11.41. ...
- MAIN. Main Street Capital Corporation. 47.62.
Stock | Market Capitalization | 12-month Trailing Dividend Yield |
---|---|---|
Gladstone Investment Corp. (GAIN) | $500 million | 6.9% |
Modiv Industrial Inc. (MDV) | $112 million | 7.7% |
LTC Properties Inc. (LTC) | $1.3 billion | 7.2% |
Realty Income Corp. (O) | $44 billion | 6.4% |
That usually comes in quarterly, semi-annual or annual payments. Shares of public companies that split profits with shareholders by paying cash dividends yield between 2% and 6% a year. With that in mind, putting $250,000 into low-yielding dividend stocks or $83,333 into high-yielding shares will get your $500 a month.
- Buy US Treasuries. U.S. Treasuries are still paying attractive yields on short-term investments. ...
- Rent Out Your Yard. ...
- Rent Out Your Car. ...
- Rental Real Estate. ...
- Publish an E-Book. ...
- Become an Affiliate. ...
- Sell an Online Course. ...
- Bottom Line.
To generate $5,000 per month in dividends, you would need a portfolio value of approximately $1 million invested in stocks with an average dividend yield of 5%. For example, Johnson & Johnson stock currently yields 2.7% annually. $1 million invested would generate about $27,000 per year or $2,250 per month.
What is the best dividend company of all time?
Some of the best dividend stocks include Johnson & Johnson (NYSE:JNJ), The Procter & Gamble Company (NYSE:PG), and AbbVie Inc (NYSE:ABBV) with impressive track records of dividend growth and strong balance sheets. In this article, we will further take a look at some of the best dividend stocks of all time.
Stock | Sector | Trailing 12-month dividend yield* |
---|---|---|
Abbott Laboratories (ABT) | Health care | 1.9% |
Stanley Black & Decker Inc. (SWK) | Industrials | 3.5% |
Atmos Energy Corp. (ATO) | Utilities | 2.7% |
T. Rowe Price Group Inc. (TROW) | Financials | 4.3% |
Over time, the cash flow generated by those dividend payments can supplement your Social Security and pension income. Perhaps, it can even provide all the money you need to maintain your preretirement lifestyle. It is possible to live off dividends if you do a little planning.
Stock | Dividend yield |
---|---|
Vail Resorts Inc. (MTN) | 4.2% |
First American Financial Corp. (FAF) | 3.8% |
Pfizer Inc. (PFE) | 6.6% |
Coca-Cola Co. (KO) | 3.3% |
Stocks in the S&P 500 index currently yield about 1.5% on aggregate. That means, if you have $1 million invested in a mutual fund or exchange-traded fund that tracks the index, you could expect annual dividend income of about $15,000.
They're paid out of the earnings and profits of the corporation. Dividends can be classified either as ordinary or qualified. Whereas ordinary dividends are taxable as ordinary income, qualified dividends that meet certain requirements are taxed at lower capital gain rates.
The Coca-Cola Company ( KO ) pays dividends on a quarterly basis. The Coca-Cola Company ( KO ) has increased its dividends for 52 consecutive years. This is a positive sign of the company's financial stability and its ability to pay consistent dividends in the future.
S.No. | Name | ROCE % |
---|---|---|
1. | Hindustan Zinc | 46.32 |
2. | Lloyds Metals | 81.99 |
3. | NMDC | 30.22 |
4. | Apar Inds. | 51.14 |
Agree Realty Corporation (ADC) stands out as a reliable retail Real Estate Investment Trust (REIT) with a consistent track record of providing monthly dividends. Specializing in acquiring and developing properties leased to retail tenants through long-term net leases, ADC maintains a steady cash flow.
In theory, investing in stocks that pay dividends monthly versus quarterly could work in an investor's favor if they're able to compound their money faster. So not only could they benefit from more regular dividend income payments, they could also potentially see more income from those stocks over time.
What are the best monthly dividend stocks under $10?
Stock | Yield |
---|---|
Telefonica SA (TEF) | 7.6% |
Vodafone Group PLC (VOD) | 11.5% |
Nokia Corp. (NOK) | 3.8% |
Sirius XM Holdings Inc. (SIRI) | 2.7% |
Many stock brokerages offer their customers screening tools that help them find information on dividend-paying stocks. Investors can also find dividend information on the Security and Exchange Commission's website, through specialty providers, and through the stock exchanges themselves.
Company | Dividend Yield |
---|---|
Franklin BSP Realty Trust Inc. (FBRT) | 11.60% |
Angel Oak Mortgage REIT Inc (AOMR) | 11.58% |
Altria Group Inc. (MO) | 9.79% |
Washington Trust Bancorp, Inc. (WASH) | 9.16% |
To collect $200 every time the company makes a dividend payment, you would need to invest a little less than $14,300 into the REIT.
But the truth is you can get a 9.5% yield today--and even more. But even at 9.5%, we're talking about a middle-class income of $4,000 per month on an investment of just a touch over $500K.