Income investors looking for high-yielding monthly dividend stocks should consider the following options. These stocks not only provide consistent income but also have the potential for growth.
1. Realty Income Corporation (O): Known as “The Monthly Dividend Company,” Realty Income Corporation is a real estate investment trust that focuses on retail and commercial properties. With a track record of increasing dividends for over 25 years, Realty Income offers a monthly dividend yield of around 4%. This makes it a solid choice for income investors looking for steady and reliable income.
2. Main Street Capital Corporation (MAIN): Main Street Capital Corporation is a business development company that provides debt and equity financing to lower middle market companies. With a monthly dividend yield of around 6%, Main Street Capital offers investors a high level of income along with the potential for capital appreciation. The company has a strong track record of growing its dividends and has consistently outperformed its peers.
3. Stag Industrial, Inc. (STAG): Stag Industrial, Inc. is a real estate investment trust that focuses on industrial properties. With a monthly dividend yield of around 4%, Stag Industrial offers investors a stable source of income backed by a portfolio of high-quality properties. The company has a strong track record of growing its dividends and has consistently delivered strong returns to investors.
Overall, these three high-yielding monthly dividend stocks offer income investors a combination of reliable income and potential for growth. By investing in these companies, investors can build a diversified income portfolio that provides consistent cash flow month after month.