2 Stocks That Cut You a Check Each Month
The one big problem with quarterly dividends is that their frequency makes it hard to create a budget. That's why so many investors favor monthly pay stocks, which gets you pretty close to replacing a paycheck if you are retired and living off the income your nest egg generates. There aren't enough monthly pay dividend stocks, but this pair of companies is pretty attractive, though at opposite ends of the risk spectrum.
The No. 1 stock here, Realty Income (NYSE: O), actually calls itself "The Monthly Dividend Company." It's a real estate investment trust that owns a huge portfolio (over 6,500 properties) of single-tenant net lease assets. And it's just inked an all-stock deal to buy a peer that will push that figure to more than 10,000. It will be the undisputed king of the net lease sector.
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Source Fool.com
