Looking for some steady income from your investments? Check out these three top monthly paying dividend stocks.
Monthly dividend stocks can provide investors with a consistent stream of income on a regular basis. Here are three top picks that offer attractive dividends each month.
1. Realty Income (NYSE: O) is a real estate investment trust (REIT) that specializes in retail properties. Known as the “Monthly Dividend Company,” Realty Income has a long track record of paying monthly dividends consistently. With a dividend yield of around 4%, this stock is a solid choice for income investors.
2. Main Street Capital (NYSE: MAIN) is a business development company that provides debt and equity financing to small to mid-sized companies. Main Street Capital offers a monthly dividend with a yield of approximately 6%. This stock has a history of increasing its dividend payout over time, making it an attractive option for investors looking for income growth.
3. Stag Industrial (NYSE: STAG) is a REIT that focuses on industrial properties. Stag Industrial pays a monthly dividend with a yield of around 4%. The company’s portfolio of properties is diversified across various industries, providing stability and income for investors.
These three monthly paying dividend stocks offer investors the opportunity to earn regular income while also benefiting from potential capital appreciation. Consider adding these stocks to your portfolio for a reliable source of monthly dividends.