3 Monthly Dividend Stocks That Pay High Yields

The investment choices are limited for those investors who need more regular distributions of income as the vast majority of securities make quarterly dividend payments. However, there are approximately 50 companies that offer monthly dividend stocks. Monthly dividend stocks can work to the investor’s advantage, especially if they require more consistent cash flows.

Even better, many of these stocks provide yields that are several times the 1.3% average yield for the S&P 500. Some of our favorite high-yield monthly income names include: EPR Properties (NYSE:EPR), Main Street Capital (NYSE:MAIN) and Realty Income (NYSE:O)

Source: InvestorPlace

Related Articles:

- Increasing Dividend Yield Part IV: Bonds

- High-Quality, Low-Risk Dividend Stocks

- Yield on Cost: Measuring for Success 

- All Investing Involves Risk 

- Asset Allocation For Income Investors