Three Shares That Regularly Disburse Monthly Dividends
Ready to cash in on some steady income from dividend stocks? Here's a lowdown on three monthly dividend payers that are worth a closer look.
First off, there's Realty Income (O -0.60%). This REIT, or Real Estate Investment Trust, owns over 15,600 retail properties worldwide, hosting tenants such as 7-Eleven, Dollar General, FedEx, and Walmart. Despite the ongoing retail apocalypse, the REIT's occupancy rate remains a steady 98.7%, and it's managed to raise its dividend payout in each of the past 110 quarters with an annualized growth rate of 4.3%. Currently, Realty Income offers a dividend yield of 5.5%.
Next up is LTC Properties (LTC -1.29%). As the number of aging Americans continues to rise, the demand for nursing homes and assisted living facilities is at an all-time high and is expected to grow for the foreseeable future. LTC Properties, another REIT, owns and operates numerous senior housing, long-term care, and assisted living facilities. With its forward yield of 6.3% and a surging demand for senior living services, LTC could be a worthwhile addition to your investing portfolio.
Lastly, you've got Stag Industrial (STAG -0.58%). This REIT focuses on industrial properties, owning warehouses and distribution facilities across the United States. The REIT's biggest tenant is Amazon, but it also caters to companies like Coca-Cola and Tempur Sealy. In 2024, Stag paid out a total of $1.48 per share in dividends, marking ten consecutive years of monthly dividend payments. Although Stag's dividend growth hasn't been astounding, the REIT is well-run and has a solid balance sheet, making it an attractive option for investors seeking a reliable income stream.
Now, you might be wondering if these monthly dividend stocks are a good fit for your investment strategy. Regardless of your answer, it's essential to do your research, stay informed, and make well-informed investments based on your unique financial goals and risk tolerance. Happy investing!
- Investing in Realty Income, LTC Properties, and Stag Industrial could offer a regular income stream, as these companies regularly pay out dividends.
- Despite the ongoing retail crisis, Realty Income's occupancy rate remains a steady 98.7%, and it has increased its dividend payout in each of the past 110 quarters.
- The demand for nursing homes and assisted living facilities, catered by LTC Properties, is expected to rise with an aging American population, facilitating a potential growth for the REIT's dividends.
- With a forward yield of 6.3% and extracting a total of $1.48 per share in dividends in 2024, Stag Industrial has paid out monthly dividends for ten consecutive years, making it an attractive option for investors seeking a reliable income stream.