4 Monthly Dividend Stocks With Strong Yields

One of the major problems with retirement planning is figuring out how to spend your nest egg. One of the best solutions: monthly dividend stocks. Building it up isn’t necessarily that hard or complicated. But once you crack it open, finding a balance between cash flows and paying bills is the tricky part. After all, most mutual funds, ETFs, stocks and bonds all pay their distributions on a quarterly, semi-annual or annual basis. That’s a problem when your cable bill is due every month.

However, you can get an even more regular inflow of cash via monthly dividend stocks. After all, getting an income check every 30 days or so from your portfolio could go a long way in helping you budget … and there are plenty of monthly dividend stocks that pay out substantial yields. For investors in or near retirement, adding at least a little exposure to monthly dividend stocks is a no-brainer. We take a look at four of the best: Inland Real Estate Corporation (IRC), Shaw Communications Inc (USA) (SJR), Main Street Capital Corporation (MAIN) and Goldcorp Inc. (USA) (GG).

Source: InvestorPlace

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