Monthly Dividend-Paying High-Yield Stocks

I love to receive dividends and everyone should love it too. Payments by my stock holdings are the main cash source for further investments and a great passive income for daily consumption. Generally a company pays four times a year a quarter dividend, but there are also some stocks (over 300) that pay dividends on a monthly basis. I don’t know why they do this but they do it.

Maybe some people feel richer when they get more dividend checks over the year. I personally don't care about the payment periods of the company. I only look at the total annualized yield, and I often try to buy the stock before the ex-dividend date in order to receive the next dividend very quick. Here are my favorite stocks: Fifth Street Finance (FSC), Main Street Capital (MAIN) and Gladstone Capital (GLAD).

Source: Guru Focus

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