What Stocks Pay Monthly Dividends?
Investing in stocks that provide monthly dividends can be an effective strategy for generating passive income. This approach helps in achieving financial independence by providing regular income streams. Below are some notable stocks known for their monthly dividend payments:
- Realty Income Corporation (O) - Often referred to as "The Monthly Dividend Company," Realty Income focuses on retail and commercial properties.
- STAG Industrial, Inc. (STAG) - This REIT specializes in the acquisition and operation of industrial properties across the U.S., ensuring consistent monthly dividends.
- Shaw Communications Inc. (SJR) - A leading telecommunication provider in Canada that pays out dividends monthly, making it attractive for income-focused investors.
- AGNC Investment Corp. (AGNC) - This mortgage REIT invests in agency mortgage-backed securities and offers reliable monthly distributions.
- Ellington Financial Inc. (EFK) - This company invests primarily in mortgage-related assets and is known for its regular dividend payments.
While these stocks can enhance your portfolio, always conduct thorough research or consult a financial advisor when making investment decisions.