Looking for monthly dividend stocks with safe payouts? Here are three options to consider:
1. Realty Income Corporation (NYSE: O): Realty Income Corporation is a real estate investment trust (REIT) that pays monthly dividends. The company has a track record of consistently increasing its dividends and has a strong balance sheet. With a diversified portfolio of properties across various industries, Realty Income Corporation is a reliable choice for investors looking for stable monthly income.
2. Stag Industrial, Inc. (NYSE: STAG): Stag Industrial, Inc. is another REIT that pays monthly dividends. The company focuses on industrial properties, which have been in high demand due to the growth of e-commerce and logistics. Stag Industrial, Inc. has a solid track record of increasing dividends and has a low debt-to-equity ratio, making it a safe choice for income investors.
3. Main Street Capital Corporation (NYSE: MAIN): Main Street Capital Corporation is a business development company that pays monthly dividends. The company provides financing to small and mid-sized businesses, which helps to diversify its revenue streams. Main Street Capital Corporation has a strong track record of increasing dividends and has a conservative investment approach, making it a reliable option for investors seeking monthly income.
Overall, these three monthly dividend stocks offer safe payouts and are worth considering for investors looking to generate consistent income.