Ultimate List of Monthly Dividend Stocks

Posted on June 15, 2022 |

Note: Post may contain affiliate links.

Use this list of monthly dividend stocks to find the best for your portfolio and collect that cash flow!

Monthly dividend stocks are some of the most popular investments among investors. Most of these pay dividend yields three- and four-times the market average and they do it every single month! What’s not to like about that?

But the problem is finding the best monthly dividend stocks and being able to compare them side-by-side. Dividend payments change so often that it’s tough keeping up. That’s why I created a monthly dividend stock list so you can always find the dividend stocks to watch.

Use the table below to compare monthly dividend stocks. Check the current yield on your investing app but I’ll be updating the list each month.

How to Read the Monthly Dividend Table: Annual Payment is in dollars while Dividend Yield and 5-Year Total Return are in whole numbers so 0.35 is 35% and 2.61 is 261%

Name	Ticker Symbol	Stock or ETF	Dividend Yield	Annual Payment	Five-Year Total Return	Analysis
Agree Realty Corporation	ADC	Stock	0.0401	2.821035	0.7263
AGNC Investment	AGNC	Stock	0.1184	1.41488	-0.04552	How to Invest $1000 in Dividend Stocks \| 7 Stock Portfolio
WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund	AGZD	ETF	0.0183	0.842532	0.07294
Global X Alternative Income ETF	ALTY	ETF	0.0675	0.801225	0.13263
ARMOUR Residential REIT	ARR	Stock	0.1579	1.182671	-0.4976	7 Highest Paying Monthly Dividend Stocks \| 2022 Updated
AllianceBernstein Global High Income Fund	AWF	ETF	0.0776	0.774448	0.08008
Banco Bradesco	BBD	Stock	0.0195	0.07371	-0.4203
Banco Bradesco	BBDO	Stock	0.0212	0.067416	-0.59155
BlackRock Capital Allocation Trust	BCAT	Stock	0.0789	1.193757	-0.1589
iShares USD Green Bond ETF	BGRN	ETF	0.0362	1.72674	0.011664
BlackRock Investment Quality Municipal Trust	BKN	Stock	0.0559	0.802165	0.18595
BlackRock Income Trust	BKT	Stock	0.0772	0.3474	-0.01806
Vanguard Total Bond Market Index Fund	BND	ETF	0.0293	2.225	0.057	How to Invest like a Boglehead, the Easiest Investment Strategy Ever
Vanguard Total World Bond ETF	BNDW	ETF	0.0273	1.903902	0.02982
Vanguard Total International Bond Index Fund	BNDX	ETF	0.0181	0.890339	0.03296
Broadmark Realty Capital	BRMK	Stock	0.1134	0.789264	-0.32427
Invesco BulletShares (R) 2022 Municipal Bond ETF	BSMM	ETF	0.0151	0.38203	0.02595
Invesco BulletShares (R) 2023 Municipal Bond ETF	BSMN	ETF	0.0206	0.519738	0.02477
Invesco BulletShares (R) 2024 Municipal Bond ETF	BSMO	ETF	0.0237	0.591078	0.00523
Invesco BulletShares (R) 2025 Municipal Bond ETF	BSMP	ETF	0.026	0.63986	0.01359
Invesco BulletShares (R) 2026 Municipal Bond ETF	BSMQ	ETF	0.0277	0.659537	-0.00874
Invesco BulletShares (R) 2027 Municipal Bond ETF	BSMR	ETF	0.0283	0.670993	-0.013316
Invesco BulletShares (R) 2028 Municipal Bond ETF	BSMS	ETF	0.0304	0.712272	-0.041717
Invesco BulletShares 2029 Municipal Bond ETF	BSMT	ETF	0.0303	0.700536	-0.03182
VictoryShares US EQ Income Enhanced Volatility Wtd ETF	CDC	ETF	0.0314	2.14148	0.807101
VictoryShares US Large Cap High Div Volatility Wtd ETF	CDL	ETF	0.0315	1.88685	0.644249
Eaton Vance California Municipal Income Trust	CEV	Stock	0.0507	0.553644	0.056092
VictoryShares Emerging Market High Div Volatility Wtd ETF	CEY	ETF	0.0648	1.27332	-0.0125628
VictoryShares US 500 Enhanced Volatility Wtd ETF	CFO	ETF	0.0016	0.106544	0.587365
VictoryShares International High Div Volatility Wtd ETF	CID	ETF	0.0266	0.814226	0.077816
MFS Intermediate High Income Fund	CIF	ETF	0.1045	0.21527	0.1103924
VictoryShares International Volatility Wtd ETF	CIL	ETF	0.0164	0.62648	0.133531
VictoryShares Developed Enhanced Volatility Wtd ETF	CIZ	ETF	0.0015	0.04494	0.0162822
MFS High Yield Municipal Trust	CMU	Stock	0.054	0.18576	-0.07044
Cross Timbers Royalty Trust	CRT	Stock	0.0709	1.366243	1.01569
VictoryShares US Small Cap Volatility Wtd ETF	CSA	ETF	0.0096	0.564	0.477244
VictoryShares US Small Cap High Div Volatility Wtd ETF	CSB	ETF	0.0293	1.595678	0.59613
VictoryShares US Discovery Enhanced Volatility Wtd ETF	CSF	ETF	0.0007	0.038934	0.42542
MFS High Income Municipal Trust	CXE	Stock	0.0555	0.21756	-0.05751
MFS Investment Grade Municipal Trust	CXH	Stock	0.0526	0.404494	-0.03875
Delaware Investments Dividend and Income Fund	DDF	ETF	0.1173	1.085025	0.356304
WisdomTree U.S. SmallCap Quality Dividend Growth Fund	DGRS	ETF	0.0221	0.921349	0.399932
WisdomTree U.S. Quality Dividend Growth Fund	DGRW	ETF	0.0178	1.038808	0.74835
BNY Mellon High Yield Strategies Fund	DHF	ETF	0.0917	0.217329	0.04107
BNY Mellon Municipal Income	DMF	Stock	0.0503	0.345561	-0.0524137
DNP Select Income Fund	DNP	ETF	0.0716	0.79118	0.372670
BNY Mellon Strategic Municipal Bond Fund	DSM	ETF	0.0559	0.359996	-0.061224
BlackRock Debt Strategies Fund	DSU	ETF	0.0759	0.72105	0.167076
DTF Tax-Free Income 2028 Term Fund	DTF	ETF	0.0319	0.389499	0.0074257
Dynex Capital	DX	Stock	0.0965	1.55944	0.3433083
Ellington Residential Mortgage REIT	EARN	Stock	0.1185	0.94563	-0.052256
Eagle Point Credit	ECC	Stock	0.1283	1.576807	0.167141
Global X MSCI SuperDividend EAFE ETF	EFAS	ETF	0.0516	0.741492	0.04585
Ellington Financial	EFC	Stock	0.1149	1.800483	0.610483
iShares J.P. Morgan USD Emerging Markets Bond ETF	EMB	ETF	0.0612	5.337864	-0.051647
Western Asset Emerging Markets Debt Fund	EMD	ETF	0.0996	0.933252	-0.079567
EPR Properties	EPR	Stock	0.0644	3.096352	-0.052984
Eaton Vance Municipal Income Trust	EVN	Stock	0.0505	0.570145	0.096116
iShares Fallen Angels USD Bond ETF	FALN	ETF	0.0605	1.52218	0.184
First Trust California Municipal High Income ETF	FCAL	ETF	0.0264	1.294392	0.100808
First Trust Income Opportunity ETF	FCEF	ETF	0.0651	1.364496	0.243179
First Trust Emerging Markets Local Currency Bond ETF	FEMB	ETF	0.0719	1.973655	-0.17194
First Trust TCW Opportunistic Fixed Income ETF	FIXD	ETF	0.0272	1.266976	0.044394
First Trust Managed Municipal ETF	FMB	ETF	0.0267	1.366773	0.08384
First Trust Municipal High Income ETF	FMHI	ETF	0.0334	1.619232	0.11065
Franklin Universal Trust	FT	Stock	0.0637	0.496223	0.42673
First Trust BuyWrite Income ETF	FTHI	ETF	0.0055	0.116325	0.21551
First Trust Nasdaq BuyWrite Income ETF	FTLB	ETF	0.0048	0.10032	-0.035087
First Trust Senior Loan Fund	FTSL	ETF	0.0369	1.680057	0.130618
First Trust Enhanced Short Maturity ETF	FTSM	ETF	0.0126	0.749448	0.06385
Gladstone Investment	GAIN	Stock	0.0605	0.873015	1.25821
Templeton Global Income Fund	GIM	ETF	0.0901	0.409955	-0.08803
Gladstone Capital	GLAD	Stock	0.0732	0.803736	0.70232	7 Highest Paying Monthly Dividend Stocks \| 2022 Updated
Credit Suisse X-Links Gold Shares Covered Call ETN	GLDI	Stock	0.1456	1.174992	0.38659
iShares GNMA Bond ETF	GNMA	ETF	0.0166	0.752976	0.0008826
Gladstone Commercial	GOOD	Stock	0.0763	1.470301	0.3180574	5 Safe Monthly Dividend Stocks that Will Never Let You Down
U.S. Global Investors	GROW	Stock	0.0186	0.08928	2.844613
Global Water Resources	GWRS	Stock	0.0211	0.294134	0.665471
Strategy Shares Nasdaq 7 Handl Index ETF	HNDL	ETF	0.0685	1.462475	0.184137
Horizon Technology Finance	HRZN	Stock	0.1	1.192	0.717579	How to Live off Your Dividends as Fast as Possible
The New America High Income Fund	HYB	ETF	0.0785	0.58247	0.11077
First Trust Tactical High Yield ETF	HYLS	ETF	0.0626	2.562218	0.08280
WisdomTree Interest Rate Hedged High Yield Bond Fund	HYZD	ETF	0.043	0.89311	0.098360
iShares iBonds Dec 2023 Term Treasury ETF	IBTD	ETF	0.0214	0.533716	-0.020424
iShares iBonds Dec 2024 Term Treasury ETF	IBTE	ETF	0.0261	0.635796	-0.045454
iShares iBonds Dec 2026 Term Treasury ETF	IBTG	ETF	0.028	0.65296	-0.094368
iShares iBonds Dec 2027 Term Treasury ETF	IBTH	ETF	0.0286	0.65494	-0.114119
iShares iBonds Dec 2028 Term Treasury ETF	IBTI	ETF	0.0289	0.654874	-0.127454
iShares iBonds Dec 2029 Term Treasury ETF	IBTJ	ETF	0.0286	0.642356	-0.139463
iShares iBonds Dec 2030 Term Treasury ETF	IBTK	ETF	0.0184	0.3772	-0.162581
iShares 7-10 Year Treasury Bond ETF	IEF	ETF	0.0276	2.780148	0.0203606
iShares 3-7 Year Treasury Bond ETF	IEI	ETF	0.0277	3.269708	0.023320
iShares 5-10 Year Investment Grade Corporate Bond ETF	IGIB	ETF	0.044	2.25236	0.07632
iShares 1-5 Year Investment Grade Corporate Bond ETF	IGSB	ETF	0.0361	1.822689	0.072657
Invesco Value Municipal Income Trust	IIM	Stock	0.0554	0.726294	0.086164
Invesco Quality Municipal Income Trust	IQI	Stock	0.0556	0.574904	0.036072
iShares Core 1-5 Year USD Bond ETF	ISTB	ETF	0.0318	1.504776	0.050854
Itaú Unibanco	ITUB	Stock	0.0164	0.086	0.0194
iShares Core Total USD Bond Market ETF	IUSB	ETF	0.0324	1.515348	0.040258
Nuveen Multi-Market Income Fund	JMM	ETF	0.0563	0.345682	0.047781
Invesco KBW High Dividend Yield Financial ETF	KBWD	ETF	0.0959	1.684963	0.11982
Invesco KBW Premium Yield Equity REIT ETF	KBWY	ETF	0.0679	1.54133	-0.134908
DWS Strategic Municipal Income Trust	KSM	Stock	0.0494	0.465842	-0.048435
DWS Municipal Income Trust	KTF	Stock	0.0453	0.420384	-0.110258
Gladstone Land	LAND	Stock	0.0213	0.517164	1.396841	7 Highest Paying Monthly Dividend Stocks \| 2022 Updated
First Trust Low Duration Strategic Focus ETF	LDSF	ETF	0.0236	0.445804	0.0021220
BNY Mellon Strategic Municipals	LEO	Stock	0.0529	0.35443	-0.0536723
First Trust Low Duration Opportunities ETF	LMBS	ETF	0.0151	0.730387	0.04380
LTC Properties	LTC	Stock	0.0585	2.25693	-0.01455	Top 7 Monthly Dividend Stocks with the Highest Returns
Main Street Capital	MAIN	Stock	0.0679	2.49872	0.348479	5 Monthly Dividend Stocks that Beat the QYLD
iShares MBS ETF	MBB	ETF	0.0193	1.872679	0.0066396
First Trust Flexible Municipal High Income ETF	MCEF	ETF	0	0	-0.014312
MFS Municipal Income Trust	MFM	Stock	0.0484	0.269588	-0.024518
MFS Special Value Trust	MFV	Stock	0.1012	0.519156	0.269801
MFS Government Markets Income Trust	MGF	Stock	0.0866	0.305698	0.04308
Western Asset Municipal High Income Fund	MHF	ETF	0.0352	0.234432	0.05882
BlackRock MuniHoldings New York Quality Fund	MHN	ETF	0.0465	0.516615	-0.020282
MFS Intermediate Income Trust	MIN	Stock	0.1017	0.301032	0.074098
BlackRock MuniYield Michigan Quality Fund	MIY	ETF	0.0495	0.66231	0.187222
MFS Multimarket Income Trust	MMT	Stock	0.0995	0.46367	0.146427
Western Asset Managed Municipals Fund	MMU	ETF	0.0427	0.46116	-0.042553
Western Asset Municipal Partners Fund	MNP	ETF	0.0427	0.537166	-0.010228
BlackRock MuniYield Pennsylvania Quality Fund	MPA	ETF	0.0517	0.660209	0.0905209
BlackRock MuniYield Quality Fund II	MQT	ETF	0.056	0.65856	0.090909
BlackRock MuniYield Quality Fund	MQY	ETF	0.0504	0.662256	0.046178
Mesa Royalty Trust	MTR	Stock	0.0559	1.098994	1.28339
BlackRock MuniAssets Fund	MUA	ETF	0.0437	0.523526	-0.012366
BlackRock MuniHoldings California Quality Fund	MUC	ETF	0.0533	0.645996	0.021922
BlackRock MuniHoldings New Jersey Quality Fund	MUJ	ETF	0.0553	0.728854	0.13425
BlackRock MuniVest Fund	MVF	ETF	0.0516	0.387516	-0.030967
BlackRock MuniVest Fund II	MVT	ETF	0.0495	0.59994	-0.02572
BlackRock MuniYield Fund	MYD	ETF	0.0523	0.598835	-0.064542
BlackRock MuniYield Quality Fund III	MYI	ETF	0.0515	0.608215	0.014604
BlackRock MuniYield New York Quality Fund	MYN	ETF	0.0437	0.470649	0.012218
Nuveen Arizona Quality Municipal Income Fund	NAZ	ETF	0.046	0.62192	0.11367
Nuveen California Municipal Value Fund	NCA	ETF	0.0319	0.287419	0.045243
Nuveen Select Maturities Municipal Fund	NIM	ETF	0.0268	0.248168	0.061926
Nuveen Municipal Income Fund	NMI	ETF	0.0321	0.302061	-0.037832
Nuveen Massachusetts Quality Municipal Income Fund	NMT	ETF	0.0431	0.505994	-0.019214
Nuveen New York Municipal Value Fund	NNY	ETF	0.0319	0.274978	-0.00346
Nuveen Missouri Quality Municipal Income Fund	NOM	ETF	0.0398	0.49352	-0.047619
Nuveen Virginia Quality Municipal Income Fund	NPV	ETF	0.0453	0.571233	0.15370
Nuveen Pennsylvania Quality Municipal Income Fund	NQP	ETF	0.046	0.5612	0.128584
Nuveen Ohio Quality Municipal Income Fund	NUO	ETF	0.0399	0.510321	0.027309
Nuveen Municipal Value Fund	NUV	ETF	0.0373	0.333089	0.049353
Nuveen California Select Tax-Free Income Portfolio	NXC	Stock	0.032	0.46912	0.122511
Nuveen New York Select Tax-Free Income Portfolio	NXN	Stock	0.0335	0.395635	-0.01088
Nuveen Select Tax-Free Income Portfolio	NXP	Stock	0.0385	0.53207	0.125407
Realty Income Corporation	O	Stock	0.0442	2.915432	0.47693	How to Live off Your Dividends as Fast as Possible
Invesco Municipal Income Opportunities Trust	OIA	Stock	0.0009	0.006408	0.15210
Orchid Island Capital	ORC	Stock	0.1714	0.527912	-0.305054
Oxford Lane Capital	OXLC	Stock	0.1364	0.89342	0.408602
Oxford Square Capital	OXSQ	Stock	0.1014	0.418782	0.195196
Western Asset Investment Grade Income Fund	PAI	ETF	0.0452	0.5537	-0.018429
Pembina Pipeline	PBA	Stock	0.0475	1.9171	0.565554
Permian Basin Royalty Trust	PBT	Stock	0.0144	0.307296	2.233333	5 Royalty Trusts to Buy for Massive Cash Flow
High Income Securities Fund	PCF	ETF	0.1129	0.870459	0.268092
PCM Fund	PCM	ETF	0.0943	0.951487	0.363513
John Hancock Premium Dividend Fund	PDT	ETF	0.0752	1.151312	0.356067
Invesco High Yield Equity Dividend Achievers ETF	PEY	ETF	0.0362	0.766354	0.51974
iShares Preferred and Income Securities ETF	PFF	ETF	0.0474	1.57842	0.0943148	How to Invest $1000 in Dividend Stocks \| 7 Stock Portfolio
PennantPark Floating Rate Capital	PFLT	Stock	0.0969	1.130823	0.315670	7 Highest Paying Monthly Dividend Stocks \| 2022 Updated
Flaherty & Crumrine Preferred Income Opportunity Fund	PFO	ETF	0.0788	0.773816	0.132641
PIMCO High Income Fund	PHK	ETF	0.1009	0.564031	0.083333
Putnam Master Intermediate Income Trust	PIM	Stock	0.076	0.2622	0.0504201
Invesco 1-30 Laddered Treasury ETF	PLW	ETF	0.0273	0.843843	0.025547
Putnam Managed Municipal Income Trust	PMM	Stock	0.0596	0.383824	0.086003
Putnam Municipal Opportunities Trust	PMO	Stock	0.057	0.62301	0.123329
Putnam Premier Income Trust	PPT	Stock	0.081	0.30537	0.0083718
PermRock Royalty Trust	PRT	Stock	0.0781	0.790372	-0.123809
Prospect Capital	PSEC	Stock	0.0944	0.713664	0.598308	How to Invest $1000 in Dividend Stocks \| 7 Stock Portfolio
PIMCO Corporate & Income Opportunity Fund	PTY	ETF	0.0955	1.38857	0.350046
Permianville Royalty Trust	PVL	Stock	0.0463	0.262984	2.61783
Global X NASDAQ 100 Covered Call ETF	QYLD	ETF	0.0032	0.057184	0.292118	5 Monthly Dividend Stocks that Beat the QYLD
PIMCO Strategic Income Fund	RCS	ETF	0.1138	0.58607	-0.22788
Cohen & Steers Total Return Realty Fund	RFI	ETF	0.0703	0.960298	0.548752
Sabine Royalty Trust	SBR	Stock	0.0661	5.507452	2.06210
Stellus Capital Investment	SCM	Stock	0.0886	1.111044	0.505402
iShares Short Treasury Bond ETF	SHV	ETF	0.0084	0.92484	0.050572
iShares 1-3 Year Treasury Bond ETF	SHY	ETF	0.0241	1.989455	0.035499
Shaw Communications	SJR	Stock	0.033	0.91212	0.497291	A Monthly Dividend Stock Portfolio You Can Count On
San Juan Basin Royalty Trust	SJT	Stock	0.0732	0.98454	2.02927
FlexShares Credit-Scored US Corporate Bond Index Fund	SKOR	ETF	0.0189	0.896805	0.07328
SL Green Realty	SLG	Stock	0.0652	3.451688	-0.35721
iShares 0-5 Year Investment Grade Corporate Bond ETF	SLQD	ETF	0.0329	1.594005	0.069064
SLR Investment	SLRC	Stock	0.1053	1.635309	0.089824
Credit Suisse X-Links Silver Shares Covered Call ETN	SLVO	Stock	0.3153	1.422003	0.11730
Highland/iBoxx Senior Loan ETF	SNLN	ETF	0.0542	0.820046	-0.008519
Source Capital	SOR	Stock	0.0581	2.21942	0.36088
Special Opportunities Fund	SPE	ETF	0.0987	1.319619	0.480620
Global X SuperDividend REIT ETF	SRET	ETF	0.0713	0.594642	-0.201913
STAG Industrial	STAG	Stock	0.0445	1.428005	0.48290	7 Highest Paying Monthly Dividend Stocks \| 2022 Updated
iShares ESG 1-5 Year USD Corporate Bond ETF	SUSB	ETF	0.0347	0.834535	8.14448
iShares ESG USD Corporate Bond ETF	SUSC	ETF	0.041	0.95325	0.051084
iShares 20+ Year Treasury Bond ETF	TLT	ETF	0.03	3.4131	0.0161664
iShares Broad USD Investment Grade Corporate Bond ETF	USIG	ETF	0.0429	2.194335	0.05878
Credit Suisse X-Links Crude Oil Shares Covered Call ETNs	USOI	Stock	0.2127	1.244295	-0.221038
Invesco Bond Fund	VBF	ETF	0.0438	0.68985	0.04790
Vanguard Intermediate-Term Corporate Bond Index Fund	VCIT	ETF	0.0434	3.472434	0.061985
Vanguard Long-Term Corporate Bond Index Fund	VCLT	ETF	0.0474	3.88443	0.054561
Vanguard Short-Term Corporate Bond Index Fund	VCSH	ETF	0.0355	2.7051	0.0670774
Invesco California Value Municipal Income Trust	VCV	Stock	0.0528	0.558624	0.041338
Vermilion Energy	VET	Stock	0.0038	0.088312	-0.08539
Delaware Investments National Municipal Income Fund	VFL	ETF	0.0465	0.539865	0.07599
Vanguard Intermediate-Term Treasury Index Fund	VGIT	ETF	0.0285	1.721685	0.027380
Vanguard Long-Term Treasury Index Fund	VGLT	ETF	0.0313	2.175976	0.021151
Invesco Trust for Investment Grade Municipals	VGM	Stock	0.0574	0.607866	0.004743
Vanguard Short-Term Treasury Index Fund	VGSH	ETF	0.0253	1.485363	0.039667
Invesco Municipal Trust	VKQ	Stock	0.0588	0.603876	0.023928
Invesco High Income Trust II	VLT	Stock	0.1055	1.157335	0.08721
Vanguard Mortgage-Backed Securities Index Fund	VMBS	ETF	0.0194	0.92247	0.001052
Invesco Municipal Opportunity Trust	VMO	Stock	0.0553	0.572355	0.009756
Invesco Pennsylvania Value Municipal Income Trust	VPV	Stock	0.0521	0.558512	0.09276
Invesco Variable Rate Investment Grade ETF	VRIG	ETF	0.0144	0.356544	0.08406304
VictoryShares Dividend Accelerator ETF	VSDA	ETF	0.015	0.63945	0.7586633
VictoryShares US Multi-Factor Minimum Volatility ETF	VSMV	ETF	0.0145	0.549115	0.658782
Vanguard Total Corporate Bond ETF	VTC	ETF	0.0266	2.055648	0.042352
Invesco Trust for Investment Grade New York Municipals	VTN	Stock	0.0468	0.504972	-0.01819
Vanguard Emerging Markets Government Bond Index Fund	VWOB	ETF	0.0607	3.802855	-0.02747
Western Asset Total Return ETF	WBND	ETF	0.0326	0.69275	-0.71174
Western Asset Short Duration Income ETF	WINC	ETF	0.034	0.81056	0.040139
Whitestone REIT	WSR	Stock	0.0418	0.470668	0.227917
Virtus Total Return Fund	ZTR	ETF	0	0	0.18715

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How to Use this List of Monthly Dividend Stocks

I’ve made the table sortable by column so you can sort through the list of monthly dividend stocks for the criteria you want. While the monthly stocks tend to pay higher yields, I recommend buying a few of the monthly dividend funds as well so you get a little more diversification for your portfolio.

Also, you can sort the table for the highest dividend yield but don’t just invest in those stocks. Pay attention to the column showing the five-year total return as well. Many monthly dividend stocks will see their share price fall which could mean you lose some of that dividend return if you ever sell the stock. Look for a balance between high yield and positive price return as well.

How to Find the Best Monthly Dividend Stocks

I love dividend stocks but most only pay every three months. That’s not how bills work. If you’ve ever tried paying your bills with the cash flow from a regular dividend stock, you know why monthly payers are so popular.

But there are drawbacks to monthly dividend stocks that you need to know about and even some that can be major risks. I’ll show you how to invest in monthly dividend stocks in this video along with my seven favorite that will pay your bills!

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One of the most important considerations to make is that most monthly dividend stocks are in just a few business types; master limited partnerships (MLPs), real estate investment trusts (REITs), and business development corporations (BDCs). These business types get special tax breaks if they pass on 90% of profits to investors. That means high dividend payouts but is also a risk to your portfolio.

If you’re only investing in the highest dividend-yielding stocks in the market, there’s a good chance your portfolio is going to be filled with just these types of companies. That could leave yourself up for a big loss if tax laws change or something happens to these three structures.

That’s why, even on the chance that you’ll have to invest in stocks with a lower dividend yield, you should always try to diversify your portfolio into some other sectors and businesses. It’s also why I recommend investing in at least a couple monthly dividend funds to give you greater diversification across many stocks. Fortunately there are some ETFs that invest in regular dividend stocks and then make dividend payments monthly from those cash flows.

Another way to manage your cash flows without only investing in monthly dividend stocks is to buy dividend stocks strategically for their payout dates. Since most dividend stocks declare and pay their dividends on a very consistent basis, usually in the same weeks every three months, you can actually plan it out to get a dividend check every week. That’s the strategy I’ll show you in this video and is definitely worth a look if you want that constant cash flow.

This monthly dividend stocks list will get you started and help you compare them side-by-side on some of the most important criteria. I’m always adding to the list and updating it so check back whenever you need to research monthly dividend stocks.

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