Looking to invest in dividend stocks that pay out monthly? Here are three top monthly paying dividend stocks to consider.
1. Realty Income Corporation (O): Known as “The Monthly Dividend Company,” Realty Income Corporation is a real estate investment trust (REIT) that specializes in commercial properties. With a diverse portfolio of tenants across various industries, Realty Income has a track record of consistent monthly dividend payments.
2. Shaw Communications Inc. (SJR): Shaw Communications is a Canadian telecommunications company that offers a variety of services including cable TV, internet, and phone services. As one of the largest telecommunications companies in Canada, Shaw Communications provides stable monthly dividends to its investors.
3. Main Street Capital Corporation (MAIN): Main Street Capital is a business development company (BDC) that provides debt and equity financing to small and mid-sized companies. With a focus on stable and growing businesses, Main Street Capital offers monthly dividends to investors looking for consistent income.
These three monthly paying dividend stocks offer investors the opportunity to earn regular income while potentially benefiting from capital appreciation. Consider adding these stocks to your investment portfolio for reliable monthly dividends.