Weekly Newsletter   Challenge account   Weekly Newsletter   

Monthly Dividend Stocks

There are plenty of benefits to owning stocks that pay their dividends monthly. According to the Excel list that was just updated by WallStreetNewsNetwork.com, there are over 200 different companies that pay dividends monthly, many of which have high yields. Technically, these stocks are real estate investment trusts, oil income trusts, closed end bond funds, and closed end income stock funds, which pay dividends every month. Advantages to receiving monthly dividends as opposed to quarterly or annual dividend stocks are that the invested capital is returned faster, compounding takes place quicker, and there is usually less price volatility of the investment. Also, many of monthly dividend investments pay dividends that are tax free.

An example is the MFS Multimarket Income Trust (MMT) which pays a yield of 7.80%. The stock trades at a 9.2% to net asset value. The company, which has been around since 1987, has a management fee of 0.82%.

Gas Natural Inc. (EGAS), formerly known as Energy, Inc., is a distributor of natural gas in Montana, Wyoming, North Carolina, and Maine. It was founded in 1909. The stock pays a yield of 4.6% and carries a price to earnings ratio of 12.7.

Baytex Energy (BTE) is an investment trust which generates income from petroleum and natural gas properties. It generates a yield of 4.2%, and has been paying monthly since 2006. The company trades at 22.4 times forward earnings.

Realty Income Corp. (O), with the great single letter stock ticker symbol, yields 5.0%. This real estate investment trust which specializes in commercial retail real estate, has been around since 1969. The stock trades at 16.7 times forward earnings.

Calamos Convertible & High Income (CHY) has a decent yield of 6.9%. However, the management fee is a bit on the high side at 1.13%. This CEF, founded in 2003, invests in high yield fixed income securities and convertible securities.

Provident Energy Trust (PVX) is a Canadian income trust which generates a yield of 6.1% through the marketing of natural gas liquids. It was founded in 1993. Canada’s new legislation which taxes trust income goes into effect this year. This would tax the trusts at the corporate level in addition to the shareholder level. However, many analysts believe that this taxation is build into the price of these Canadian trusts.

Use caution choosing these investments. Avoid the ones with high management fees, watch out for the ones with limited liquidity and which trade very few shares on a daily basis, and if you invest in the municipal bond closed end funds, make sure you know the consequences of the Alternative Minimum Tax. You also want to find the ones that trade at a discount to net asset value, and avoid the ones using excessive leverage.

Read the rest of the story.

20 responses to “Monthly Dividend Stocks”

  1. La Kemp says:

    These are some interesting dividend ideas, we have some other interesting ideas for high yield stocks

  2. L Kemp says:

    These are some interesting dividend stock ideas, we also like some of the high yield aristocrats for other dividend ideas.

  3. Andrew says:

    Great Article. You do a good job. Thanks again.

  4. Dana says:

    Please let me know if you’re looking for a article writer for your blog. You have some really great articles about dividend investing and I believe I would be a good asset. If you ever want to take some of the load off, I’d love to write some content for your blog in exchange for a link back to mine. Please send me an email if interested. Thanks!

  5. Cecily Oskins says:

    It’s fairly stressful to find threads like these since there is absolutely not much explanation currently offered on the the web about this. I would like to thank you for the time you spent to write this blog post about dividend stock strategies. I’ll stop by from time to time in hopes to read your new articles. Bye, bye, Jessica from nyc.

  6. Barry says:

    I like your web about investing. It is very hard writing about this topic!

  7. Denis says:

    That’s right, good posts about stock trading and fair remarks coming from your followers, I have shared this page on several social book-marking websites because it’s an excellent read, cheers.

  8. Hugo Berkery says:

    This web site contains several really handy ideas on it!Best wishes for supporting us! Thanks for the list of companies paying monthly dividends!!!!

  9. Andrew says:

    Nice to have a list of dividend paying stocks. Will you be updating it any soon?

  10. Jerry says:

    Option trading…

    […]Monthly Dividend Stocks | Hello Suckers …[…]…

  11. Hector says:

    Fantastic web site about investing in stocks. Lots of helpful info here. I?m sending it to several friends ans additionally sharing in delicious. And of course, thank you in your effort!

  12. Richard says:

    Useful info on how to trade stocks and options. Fortunate me I discovered your web site by chance, and I’m surprised why this twist of fate did not took place in advance! I bookmarked it.

  13. Jermaine Varnado says:

    Politics and economics have always gone hand in hand. {Like that Episode of The simpsons, where aliens take over clinton and dole…LOL Whats the Difference?!} The GOP has had a field day since WWII, The last truely Aristocratic Democrat was FDR, who put his country first, instead of profit. {And as a registered INDEPENDENT since 1975, I dont pick sides} Also was a poly sci/history major in college, and despise many things about FDR, Like Japanese Internment. NOW politics/economics are about ENTITLEMENTS ! LOL

  14. Harry says:

    I am working on creating my stream of income and dividend paying stocks are great approach. Thanks for listing those which pay monthly dividend.

  15. Yummi says:

    Dividend investing is great!

  16. Hope Demiter says:

    Thanks for listing companies paying monthly dividends.

  17. Ali says:

    Thank you for sharing with us companies paying monthly dividends, I think this website truly stands out : D.

  18. Becky says:

    WONDERFUL Post about Dividend paying stocks! .thanks for share..more wait .. …

  19. Great beat ! I wish to apprentice while you amend your web site, how can i subscribe for a blog website? The account aided me a acceptable deal. I had been a little bit acquainted of this your broadcast provided bright clear idea

  20. This is usually a nice publish, I consign should divulge. The break is therefrom quite organized that readers depend upon nice me terminology transfer seeing germane seconds. aliment keep addition.

  21. investing in dividend paying stocks says:

    I irritability resulting from websites that conclude the reinforcement of supplying a specialty knowledge useful resource now emancipate. quite a few thanks because of this beautiful blastoff of knowledge!

  22. Paige Evans says:

    It is a pity, that I can not participate in discussion now. It is not enough information. But with pleasure I will watch this theme. :lol:

Leave a Reply

Your email address will not be published. Required fields are marked *