2 Stocks That Cut You a Check Each Month

Companies that pay monthly dividends are great for those seeking to generate investment income. Their regular payments better align with recurring expenses.

Stag Industrial (NYSE: STAG) and Gladstone Land (NASDAQ: LAND) are among the handful of companies that cut their investors a check each month. Here's why those seeking monthly dividends should take a closer look at these companies.

Stag Industrial currently pays a monthly dividend of $0.1225 per share ($1.47 annualized). That gives the real estate investment trust (REIT) a 4.3% dividend yield at its recent share price. At that rate, it would turn a $10,000 investment into a $35.83 monthly income stream ($430 annualized).

Source Fool.com