Month-After-Month High Yield Dividend-Paying Stocks

I know that you love to receive dividends, and some of you want dividends on a monthly basis. I talked about this topic in the past and mentioned that it doesn’t matter how often you receive the dividend. The good thing is that you get smaller amounts of money earlier that you can use for other investing activities. The bad item is that the more often you get dividends the higher the costs for the company develop because each transaction will produce costs at banks and service providers.

However, today I would like to introduce some of the 15 biggest companies with a monthly dividend payment. Seven of them are yielding over five percent and nine have a buy or better rating from brokerage firms. Most of the monthly dividend-paying stocks have a relation to the financial sector, e.g. REITs, banks or asset management. The second biggest part of the list goes to basic material stocks like gold or oil companies. Here are the highest yielding monthly dividend-paying stocks: Prospect Capital (PSEC), Pengrowth Energy (PGH), American Realty Capital Properties (ARCP) and Baytex Energy (BTE).

Source: Guru Focus

Related Articles:
- 5 Stocks With A Strong Cash To Dividend Coverage
- Dividend Stocks Are My Conviction
- Are The Dividends Safe For These High-Yielding Stocks?
- My 2012 Top And Bottom Performing Dividend Stocks
- 7 Dividend Stocks With Room To Increase Their Payout