To be clear, no such thing as a risk-free investment. But pick the right monthly dividend stocks and you’ll probably have a higher chance of accruing something. On the other hand, if you’re constantly seeking speculative growth names, chances are that over time, you’ll end up with plenty of red ink in your portfolio. In that case, you would have been better off investing in dividend-bearing companies.
But monthly dividend stocks provide another element to the passive income proposition. Usually, dividends are paid out on a quarterly basis. However, our bills come due monthly. Therefore, a company that pays out 12 times a year is much more aligned with our daily lives. Here are some names to consider to add some passivity to your portfolio: Agree Realty Corporation (NYSE:ADC), AGNC Investment (NASDAQ:AGNC), Dynex Capital (NYSE:DX), Armour Residential REIT (NYSE:ARR), Broadmark Realty Capital (NYSE:BRMK), Pembina Pipeline (NYSE:PBA) and Cross Timbers Royalty Trust (NYSE:CRT).
Source: InvestorPlace
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Posted by D4L | Wednesday, April 21, 2021 | ArticleLinks | 0 comments »________________________________________________________________
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