Dividend stocks can be a good option for investors looking for a steady stream of income. Some stocks that pay dividends on a monthly basis include:
- Realty Income Corp (O): This company is a real estate investment trust (REIT) that owns and operates commercial properties. It has a monthly dividend payment and a history of increasing its dividends.
- Chatham Lodging Trust (CLDT): This company is a REIT that owns and operates hotels. It has a monthly dividend payment and has been consistently increasing its dividends.
- Gladstone Investment Corporation (GAIN): This is a business development company that makes investments in small and medium-sized businesses. It has a monthly dividend payment and has been consistently increasing its dividends.
- New Residential Investment Corp (NRZ): This company is a REIT that invests in residential mortgage-backed securities. It has a monthly dividend payment and has been consistently increasing its dividends.
- Monthly Dividend Company ETF (DIVI): This ETF is focused on companies that pay dividends on a monthly basis. It holds a diversified portfolio of stocks and provides a steady stream of income.
It’s important to keep in mind that the dividends and performance of these and any stock can change over time and past performance does not guarantee future results. It’s also important to conduct thorough research and consult with a financial advisor before making any investment decisions.